Highlights
- Council Directive on VAT rates has been approved on April 5, 2022
- The VAT Expert Group (Fuel cards subgroup) presented its Opinion on the Case C-235/18 Vega International, which may also have an impact on recharging electric vehicles
- A Report has been issued revealing a total Compliance cost of EUR 204 billion to comply with tax obligations, or 1.9% of turnover
- DG TAXUD publishes work plan for 2022: VAT in the digital age proposal and an initiative to address the VAT gap is scheduled for Q3– European Commission Extends Consultation on Initiative for VAT in the Digital Age till May 5, 2022
- Council of the EU agrees on the Carbon Border Adjustment Mechanism (CBAM)
2022 Tax Management Plan
Carbon Tax
- Council of the EU agrees on the Carbon Border Adjustment Mechanism (CBAM)
- EU countries agree on Carbon Border Adjustment Mechanism
- EU: Auditors Review Energy Taxation and Carbon Pricing
CESOP
Combatting Fraud
- European Commission publishes recommendations to improve VAT revenue collection and make life easier for businesses
- European Parliament resolution of 16 February 2022: what is the missing part to reduce the EU VAT gap?
- Ninth report from the Commission on VAT registration, collection and control procedures
- Sharing best practices on tax administration and collections to reduce missing VAT
Compliance Cost
Coronavirus
Customs
E-Commerce
- Public consultation on EU rules governing e-commerce transactions from third countries
- The European Union will propose in 2022 a regulation for the VAT of the new digital economy
- VAT in e-commerce: the Commission takes a step further in the fight against fraud
Environmental
EU Green VAT
EU VAT Reforms
Financial Services
Group of the Future of VAT
- Group of the Future of VAT – 37th meeting on Feb 9, 2022 – Discussions on IOSS, Platform economy, Real Time Reporting, Blockchain
- Group on the Future of VAT – Minutes of the 37th meeting (Feb 9, 2022)
Other
- European Commission to Consider VAT Waiver to Support Joint Procurement and Joint Ownership of Defence Capabilities
- European Parliament resolution of 10 March 2022 with recommendations to the Commission on fair and simple taxation supporting the recovery…
Own resources
Place of supply of virtual events
Reverse-Charge
- EC Consultation: Extension of ‘optional reverse charge’ and ‘quick reaction’ mechanisms
- European Commission Proposes Extension of VAT Reverse Charge Mechanism to Combat EU Intra-Community Fraud
- Proposal Council Directive to extend Optional Reverse Charge & Quick Reaction mechanism
Taxable persons
VAT Committee
- VAT Committee – 120th meeting on March 28, 2022 – Agenda and Working Papers
- VAT Committee – WP 1032 Addendum – Romanian consultation on Reduced rate of VAT for supplies of district heating
- VAT Committee WP 1035 – Belgian consultation on reduced VAT rates for electricity
- VAT Committee: Unanimous approval of the solution to regularise double taxation in the IOSS VAT return
- EU VAT Committee legislative status – comitology
- EU VAT Committee on VAT rules applicable to transactions related to the recharging of electric vehicles
- Minutes of the 119th meeting of VAT Committee (held in November 2021)
- VAT Committee – 120th meeting on March 28, 2022 – Agenda and Working Papers
- VAT Committee – WP 1032 Addendum – Romanian consultation on Reduced rate of VAT for supplies of district heating
- VAT Committee: Unanimous approval of the solution to regularise double taxation in the IOSS VAT return
- EU VAT Committee: WP 1017 Spain – Application of a reduced VAT rate to certain supplies of electricity
VAT Expert Group
- Presentation VAT Expert Group – Fuel cards subgroup – Case C-235/18 Vega International
- VAT Expert Group WP#102: Report on the outcome of the work of the Sub-group “Platform economy”
VAT in the Digital Age
- Deadline for VAT in the digital age consultation extended
- DG TAXUD publishes work plan for 2022: VAT in the digital age proposal and an initiative to address the VAT gap is scheduled for Q3
- EU Policy – Major recent developments (DRR, VAT Rates, Own resources, …)
- European Commission Extends Consultation on Initiative for VAT in the Digital Age till May 5, 2022
- European Parliament calls on the European Commission to set-up a harmonised common standard for e-invoicing across the Union without delay and by 2022
- The future of EU VAT in a digitizing world – have your say (before 17 Feb)!
VAT Rates
- EU Council approves fundamental overhaul of VAT rates
- EU Council Directive Published Amending Rules on Reduced VAT Rates
- European Commission: agreement was reached to update the current rules governing VAT rates for goods and services
- VAT rates – greater flexibility for Member States
- EU VAT Directive 2006/112/EC – Updated version Annex III – List of supplies of goods and services to which the reduced rates and the exemption with deductibility of VAT referred to in Article 98 may be applied
- EU VAT Directive 2006/112/EC applicable as of April 6. 2022 (after implementation Council Directive on VAT Rates)
VEGA Case/Recharging electric vehicles
