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Worldwide VAT, GST and Sales Tax Guide 2020 EY | Assurance | Tax | Transactions | Advisory

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Worldwide VAT, GST and Sales Tax Guide 2020 EY | Assurance | Tax | Transactions | Advisory Worldwide VAT, GST and Sales Tax Guide 2020 Tax and Sales GST VAT, Worldwide EY | Assurance | Tax | Transactions | Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our Worldwide VAT, GST and promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Sales Tax Guide EY refers to the global organization, and may refer to one or more, of the member firms 2020 of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization, please visit ey.com. About EY Tax Services Your business will only succeed if you build it on a strong foundation and grow it in a sustainable way. At EY, we believe that managing your tax obligations responsibly and proactively can make a critical difference. Our 50,000 talented tax professionals, in more than 150 countries, give you technical knowledge, business experience, consistency and an unwavering commitment to quality service — wherever you are and whatever tax services you need. © 2020 EYGM Limited. All Rights Reserved. EYG no. 005173-19Gbl ED None. This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax or other professional advice. Please refer to your advisors for specific advice. ey.com Access Global Tax Guides Read the Worldwide VAT, GST and Sales Tax Guide on EY website or on your tablet where it is accompanied by timely, country-specific Global Tax Alerts. You will also find the Worldwide Corporate Tax Guide and the Worldwide Personal Tax and Immigration Guide as well as guides on transfer pricing, estate and inheritance taxes, research and development incentives, oil and gas taxes, digital tax and tax relief on capital expenditures. Global Tax Guides at your fingertips ey.com/GlobalTaxGuides ey.com/TaxGuidesApp Preface While greatly accelerating the pace of all their tax legislation, the world’s governments continue to rely heavily on indirect taxes as an invaluable source of revenue. As a result, there is increased risk that taxpayers will be caught unprepared, making a current, detailed guide like the Worldwide VAT, GST and Sales Tax Guide all the more valuable. The book’s organization is straightforward. Chapter by chapter, from Albania to Zimbabwe, we sum- marize indirect tax systems in 134 jurisdictions. All of the content is current on 1 January 2020 with more recent additions noted. Each chapter begins with contact information for the key people in that jurisdiction’s EY offices. We then answer the basic questions practitioners ask about indirect tax systems: • At a glance, what are the basic features of the major indirect tax in this jurisdiction? • What is the scope, and who is taxable? • What are the rates, and how has the country defined the time of supply? • When can taxpayers recover VAT which they have paid on inputs? • What are the rules on filing, payment and penalties? For many years, the Worldwide VAT, GST and Sales Tax Guide has been published annually along with two companion guides on broad-based taxes: the Worldwide Corporate Tax Guide and the Worldwide Personal Tax and Immigration Guide. In recent years, those three have been joined by additional tax guides on more specific topics, including the Worldwide Estate and Inheritance Tax Guide, the Transfer Pricing Global Reference Guide, the Global Oil and Gas Tax Guide, the Worldwide R&D Incentives Reference Guide and the Worldwide Digital Tax Guide. Each represents thousands of hours of tax research, and the entire suite is available free online along with timely Global Tax Alerts and other great publications on ey.com or in our EY Global Tax Guides app for tablets. EY also publishes other indirect tax publications, including current Tax Alerts and, articles. Find them at ey.com. You can sign up to receive EY Tax Alerts daily into your inbox at https://globaltaxnews.ey.com/. EY April 2020 This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax or other professional advice. Please refer to your advisors for spe- cific advice. About EY Tax Services Your business will only succeed if you build it on a strong foundation and grow it in a sustainable way. At EY, we believe that managing your tax obligations responsibly and proactively can make a critical difference. Our 50,000 talented tax professionals, in more than 150 countries, give you tech- nical knowledge, business experience, consistency and an unwavering commitment to quality ser- vice — wherever you are and whatever tax services you need. © 2020 EYGM Limited. All Rights Reserved. Contents EY Global Tax contacts ................................................................................................................ 1 Albania .......................................................................................................................................... 4 Algeria ......................................................................................................................................... 14 Angola ......................................................................................................................................... 23 Argentina ..................................................................................................................................... 33 Armenia ...................................................................................................................................... 44 Aruba .......................................................................................................................................... 52 Australia ...................................................................................................................................... 58 Austria ......................................................................................................................................... 72 Azerbaijan ................................................................................................................................... 88 Bahamas ...................................................................................................................................... 96 Bahrain, Kingdom of ................................................................................................................ 104 Bangladesh ................................................................................................................................ 122 Barbados ................................................................................................................................... 132 Belarus ...................................................................................................................................... 139 Belgium ..................................................................................................................................... 151 Bolivia ....................................................................................................................................... 169 Bonaire, Sint Eustatius and Saba(BES Islands) ....................................................................... 177 Botswana ................................................................................................................................... 183 Brazil ......................................................................................................................................... 191 Bulgaria ..................................................................................................................................... 202 Cameroon .................................................................................................................................. 216 Canada ....................................................................................................................................... 225 Chad .......................................................................................................................................... 242 Chile .......................................................................................................................................... 251 China ......................................................................................................................................... 259 Colombia ................................................................................................................................... 278 Costa Rica ................................................................................................................................. 290 Croatia ....................................................................................................................................... 297 Curaçao ....................................................................................................................................
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