The OECD has announced the release of the International VAT/GST Guidelines during the fourth meeting of the OECD Global Forum on VAT held 12 to 14 April 2017. The guidelines present a set of internationally agreed standards and recommended approaches to address the issues that arise from the uncoordinated application of national VAT systems in the context of international trade, with a view to reduce uncertainty and risks of double taxation and unintended non-taxation. They focus in particul…