Vat rates by country

KPMG’s indirect tax table provides a view of indirect tax rates around the world. Use our interactive Tax rates tool to compare tax rates by country or region. Note: Tax rates are checked regularly by KPMG member firms; however, please confirm tax rates with the country's tax authority before using them to make business decisions.

19 Jun 2014 A few countries also exempt certain regions from VAT or apply reduced rates because of quasi-independent status or to encourage economic  Value Added Tax Rates (VAT) By Country. Posted on December 15, 2016. This page is for reference purposes only. While updated periodically, it should not be construed as an authoritative list of all applicable VAT rates. Visitors are encouraged to contact representatives of the country or territory in question for official rates. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit. Morocco VAT rates: VAT Rate: Supplies: 20% standard: All supplies of goods, services and imports not entitled to reduced or full exemptions. 14% reduced: Domestic transportation (excluding train) 10% reduced: Banking; hotel and restaurant (excluding alcohol); oil and other petroleum products: 7% reduced * Rate shown here is most common standard rate; for regional variations, see each chapter. ** Rates for small businesses and special schemes explained in each chapter. *** Final legislation has not yet been published at the time of publishing, so these are the expected, not confirmed, rates.

A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.

16 Aug 2018 The VAT in the country is generally applied at one rate and with few exceptions is not split into two or more rates as in other countries, where  18 Jan 2018 Current rules apply the seller's country's VAT rate. EU officials say this will cut down on the €50bn the bloc loses to VAT fraud annually. 27 Jul 2018 (Not that the flat income tax rates are lower, either: Of the 10 countries assessing the lowest income tax rates on a typical worker's salary, 8 have  6 Oct 2015 The 18 countries with the lowest tax rates in the world international businesses pay a lot of attention to the tax rates in different countries. 26 Apr 2017 One economist says the country can look overseas for some inspiration. A standard VAT rate in countries like Germany, France and the UK is  24 Feb 2017 Rate Tax base Taxation period 21% Receiving of services in the domestic territory from the EU taxpayers , taxpayers of third countries or 

What are the rates, and how has the country defined the time of supply? When can taxpayers recover VAT they've paid on inputs? What are the rules on filing, 

The World champion in VAT is without competition the mini-country of Bhutan, with its ridiculously high VAT rate of 50%. The country is situated just north of Bangladesh, which in turn only has 15% VAT. Djibouti is second with 33% and is also a tiny country. It can be found on East Africa’s troubled corner close to Eritrea and Ethiopia. Rule 2: An EU country can opt to apply one or two reduced rates but only to goods or services listed in the VAT Directive Standard VAT rate This is the rate that EU countries have to apply to all non-exempt goods and services ( Article 96 VAT Directive ). This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - List of Countries by Personal Income Tax Rate. List of Countries by Personal Income Tax Rate - provides a table with the latest tax rate figures for several countries including actual values, forecasts, statistics and historical data. The current standard rate of VAT in Denmark is 25%. That makes Denmark one of the countries with the highest value-added tax, alongside Norway, Sweden and Croatia. A number of services have reduced VAT, for instance public transportation of private persons, health care services, publishing newspapers,

Country of Purchase, VAT Standard Rate*, Minimum in Local Currency. Austria, 20%, €75.01. Belgium, 21%, €50. Bulgaria, 20%, 250 BGN. Croatia, 25%, 740 

10 Feb 2020 This statistic displays the rate of Value Added Tax (VAT) applicable to prescription-only drugs in Europe as of January 01, 2019, by country. Value Added Tax (VAT) and Goods & Service Tax (GST) rates that may be charged to Amazon Web Services customers with accounts located in the countries  5 Jan 2019 Tax Trends provides information on Value Added Tax/Goods and Services Tax (VAT/GST) and excise duty rates in OECD member countries. 3 Apr 2019 12% – This is the country's parking rate, which is aimed at items not covered by Annex III of the VAT Directive. For example, energy products like  Rates and scope. Standard VAT rates for each country on all the taxable supplies . VAT compliance. How  10 Dec 2016 The World champion in VAT is without competition the mini-country of Bhutan, with its TOP 5 – Countries with the highest VAT rate in Europe.

The World champion in VAT is without competition the mini-country of Bhutan, with its ridiculously high VAT rate of 50%. The country is situated just north of Bangladesh, which in turn only has 15% VAT. Djibouti is second with 33% and is also a tiny country. It can be found on East Africa’s troubled corner close to Eritrea and Ethiopia.

18 Jan 2018 Current rules apply the seller's country's VAT rate. EU officials say this will cut down on the €50bn the bloc loses to VAT fraud annually. 27 Jul 2018 (Not that the flat income tax rates are lower, either: Of the 10 countries assessing the lowest income tax rates on a typical worker's salary, 8 have 

Rates and scope. Standard VAT rates for each country on all the taxable supplies . VAT compliance. How  10 Dec 2016 The World champion in VAT is without competition the mini-country of Bhutan, with its TOP 5 – Countries with the highest VAT rate in Europe. Country. Income tax. VAT/GST. Corporate. Individual. Algeria. 25%. 0-40%. 21%. Argentina. 35%. 9-35%. 21%. Australia. 30%. 0-45%. 10% Goods and Services