Technical Guidelines for the Collection of VAT and Income Tax on Sales of Mobile Phone Credit and Starter Cards for Prepaid SIM Cards

The government has recently issued a technical regulation concerning the collection of VAT and income tax on sales of mobile phone credit and starter packs for prepaid SIM cards which has taken effect as of 1 September 2021. The government has also extended Sales Tax on Luxury Goods Borne by the Government incentives for motor vehicles and changed the amount of the granted incentives.

Moreover, other new regulations are elucidated, namely those concerning guidelines for the collection of local taxes on national strategic projects as well as the follow-up to Taxpayer Identification Number deregistration and/or VAT deregistration by the tax office. All are comprehensively reviewed in this edition of the newsletter.

Contents

• Technical Guidelines for the Collection of VAT and Income Tax on Sales of Mobile Phone Credit and Starter Packs for Prepaid SIM Cards
• Changes and Extension of Sales Tax on Luxury Goods Borne by the Government Incentives
• Guidelines for the Collection of Local Taxes on National Strategic Projects
• Follow-up to Taxpayer Identification Number Deregistration and VAT Deregistration of Government Treasurers