European Union: Discover the 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

Austria

• End of the application of the temporary reduced VAT rate of 5% in the gastronomy, culture and publishing sectors

Belgium

• Intrastat: Transaction codes will change to 2 digits

Cyprus

• Mandatory B2G e-invoicing (proposal)

France

• Option to tax for financial services
• Reverse charge of VAT on imports – Mandatory as of 2022

Greece

• myDATA: purchase reporting (sales reporting already implemented in 2021)

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
• Postponement of Italy’s Sugar Tax and Plastic Tax to 2023

Netherlands

• New VAT Portal – required for VAT reporting

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

Slovakia

• Optional B2B and B2G E-invoicing as of Jan 1, mandatory E-invoicing may follow

Spain

• New Plastic Tax
• Note yet published – Extension of use of electronic invoicing in operations between companies and the self-employed