Option to defer import VAT payments until next VAT return The Slovak Republic now enables importers to avoid the cash payment of import VAT by introducing deferred VAT from 1 July 2025. This initially is only available to resident business; but becomes available to non-resident
EC withdraws stalled proposal to pivot to destination-based VAT for intra-community goods transactions On 11 February 2025, the European Commission adopted its 2025 Work Programme which included confirmation that it withdraw its proposed definitive VAT system reform. This 2019 proposal sought to tackle missing trader
2025 Budget extends B2B anti-VAT fraud measure Italy’s 2025 Budget, including the extension of the domestic reverse charge – eliminating the VAT-element of invoice payment to reduce fraud opportunities. The domestic reverse charge removes the VAT cash payment on B2B deals which are subject to
Risk of missing trader VAT fraud in energy wholesale markets prompts zero-rating until December 2026 Poland is rolling over the application of the domestic reveres charge on wholesale electricity and gas supplies until 31 December 2026. The measure, introduced in 2023 (see below) was due
Risk of missing trader VAT fraud in natural gas wholesale markets prompts zero-rating 1 January 2025 Hungary has become the latest country to introduce the VAT reverse charge on domestic gas trading transactions. This removes the VAT cash payment on wholesale deals which are subject
Oct 2024: EC grants Germany VAT Directive emissions trading derogation extension The Council of the EU has permitted Germany to extend the domestic reverse charge on carbon emission trading to prevent suspected VAT fraud. This includes missing trader fraud where criminals claim to be selling
2025 removal of cash element of VAT from B2B domestic construction services to fight fraud Greece’s Ministry of Finance is proposing in its 2025 Budget to adopt Article 199 of the EU VAT Directive for the VAT Act, which mandates the shift of VAT compliance
VAT-fraud measure proposal for B2B construction and personnel services Israel’s parliament, Knesset, is considering a proposal to impose mandatory domestic reverse charge on VAT for the provision of construction and staff services. The aim is to tackle VAT fraud were the tax element of such
Anti-VAT fraud measure from January 2024 Denmark is to be the latest EU member state to introduce the domestic reverse charge on business-to-business supplies of telephony services. The anti-VAT fraud measure will come into effect from 1 January 2024. The measure applies to B2B wholesale
30 October 2023 – Mobile phones, tablets etc subject to anti VAT fraud measure The United Arab Emirates has imposed the use of the VAT reverse charge on the domestic B2B sales of a range of electronic devices. The obligation for the supplier to not
