Discover the Global Indirect Tax Developments/Law Changes applicable as of 2022
Changes apply as of Jan 1, 2022 unless mentioned differently
European Union
- Mandatory reporting of two new variables in Intrastat reporting
- New rules on VAT rates offer Member States more flexibility while supporting the EU’s green, digital and public health priorities
- Exemption from customs and VAT for imports of protective and medical equipment from outside the EU extended till June 30, 2022
Armenia
Austria
Bahrain
Belgium
- Intrastat: Transaction codes will change to 2 digits
- Belgium is considering bringing in a B2B E-Invoicing Mandate
- Changes to Belgian VAT exemption for (para)medical activities per Jan 1, 2022
- Rental of Furnished Accomodation may not longer be VAT exempted
- VAT exemption for transport services directly related to the export of goods: application postponed until 1 April 2022
Colombia
Cyprus
- Mandatory B2G e-invoicing (proposal)
- Budget 2022: Introduction of a carbon tax with a gradual increase of taxes on fossil fuels
European Union
France
- Option to tax for financial services
- Reverse charge of VAT on imports – Mandatory as of 2022
- Mandatory import VAT deferral: VAT reporting/payment delayed and import VAT pre-filled on VAT return by the 14th day of the month
- French DEB return replaced by Intrastat and ECSL returns starting 2022
- Introduction concept of a VAT Group from 1 January 2023
- France will launch e-invoicing through a tax clearance model in 2024
Greece
Hungary
Indonesia
Italy
- Scope of mandatory e-invoicing for transactions between companies established in Italy and companies not registered for Italian VAT or established in Italy is extended. All cross-border invoices (exports, imports, intra-Community, etc.) should be transmitted via SDI * in XML format
- New e-document storage rules
- New E-Reporting rules coming into force – FatturaPA for cross-border invoice to be delayed to July 2022
- Postponement of Italy’s Sugar Tax and Plastic Tax to 2023
Japan
Kazakhstan
Kenya
Netherlands
Nigeria
Norway
Paraguay
Phillippines
Poland
- VAT Grouping – Bill approved by Parliament
- Optional taxation of financial services
- Optional B2B E-Invoicing as of 2022, mandatory as of 2023
- SAF-T: Update of the JPK V7M/K file
Portugal
- Monthly VAT returns: Filing deadline is 20th day and payment date the 25th of the 2nd month after the end of return period
- SAF-T mandatory for non-established businesses
- Electronic invoices in PDF must include a digital signature to make them valid
- Relevant Invoices and tax documents must include QR Code – ATCUD suspended till 2023
Romania
- Mandatory B2G E-Invoicing
- SAF-T implementation for large taxpayers
- eFactură electronic invoices registration as of Dec 1, 2021, mandatory application of B2B E-Invoicing and Real Time Reporting as of 2023?
Serbia
Slovakia
- Optional B2B and B2G E-invoicing as of Jan 1, mandatory E-invoicing may follow
- Obligation of taxpayers to notify their bank account numbers used for their business to Tax Administrator and its consequences
Slovenia
Spain
- New Plastic Tax
- Note yet published – Extension of use of electronic invoicing in operations between companies and the self-employed
- Spanish Council of Ministers approves mandatory countrywide B2B e-invoicing
Suriname
Ukraine
United Kingdom
- Budget 2021: VAT on fund management fees, Online sales tax, Northern Ireland second-hand car sales, Imports of dental prosthesis
- April 2022: Plastic Packaging Tax
- Full customs controls will be introduced as planned on 1 January 2022
Vietnam
Check also the previous articles on ”Looking back @2021”
- Brexit
- E-Commerce VAT Directive launched in the EU per July 1, 2021
- Next to the EU, 14 countries implemented VAT on E-Commerce, another 7 will implement in 2022
- Saudi-Arabia is the first country in the Middle East launching E-Invoicing, UAE may follow
- The concept of Fixed Establishments remains a major risk, and even why?
- Intrastat: Major updates applicable as of Jan 1, 2022
- Implementation/changes E-Invoicing & Real Time Reporting during 2021
- ECJ cases decided in 2021 on ”Taxable Amount”
- 49 ECJ VAT Cases decided (incl. orders) in 2021
- Split Payments
- Poland and France to introduce optional taxation of Financial Services – Exemption may not longer be applied
- Activities of the VAT Expert Group
- ECJ cases decided in 2021 on ”Exemptions”
- Pre-Filled VAT returns
- SAF-T (or equivalent) regulations, some more countries will implement
- Environmental Tax – Will Plastic Tax stop pollution?
- VAT Grouping, a tool to avoid VAT leakage, optimize VAT receivables and simplify processes
- EU VAT Committee met twice and a proposal to transform it into comitology committee was discussed
- ECJ cases decided in 2021 on ”Right to deduct VAT/Refund of VAT”
- Global VAT rate changes, continuous monitoring needed
- Global overview of future e-invoicing, e-filing, real time reporting, SAF-T – Will the Big Bang in Europe start as of 2022?
- What happened in the Middle East?
- Temporary reduction of VAT on Electricity and VAT incentives for Electric Cars
- ECJ cases decided in 2021 on ”Taxable Persons & Related Cases”
- Cryptocurrencies – Will VAT take part of the gain?
- Top 10 ECJ Cases decided in 2021 – Which is your favourite?
- QR codes on invoices/cash receipts …. what has globally been implemented?
