OECD: International VAT / GST guidelines | KPMG Global
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OECD: International VAT / GST guidelines

OECD: International VAT / GST guidelines

The Organisation for Economic Cooperation and Development (OECD) released guidelines that set forth internationally agreed principles and standards for value added tax (VAT) and goods and services tax (GST) with respect to cross-border services such as the destination principle and for achieving tax neutrality.


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The OECD guidance International VAT/GST Guidelines publication provides in 116 pages information that clarifies what has been a lack of internationally agreed principles and standards for the VAT/GST treatment of cross-border services, and it also including digitised services under the standards.

The guidelines address key areas of development for operation of VAT / GST systems such as determining the place of supply, and offer effective mechanisms for the collection of VAT / GST for digitised services (such as simplified registration for foreign suppliers). General rules for business-to-business supplies and business-to-consumer supplies are also discussed, including rules on determining jurisdiction of the usual residence of customer in cross-border trades.

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