March 30, 2022 EY's Worldwide VAT, GST and Sales Tax Guide 2022 While greatly accelerating the pace of all their tax legislation, the world's governments continue to rely heavily on indirect taxes as an invaluable source of revenue. As a result, there is increased risk that taxpayers will be caught unprepared, making a current, detailed guide like EY's Worldwide VAT, GST and Sales Tax Guide all the more valuable. New this year are chapters for Anguilla, Bhutan, Cambodia, The Republic of Congo, People's Democratic Republic of Lao and Sri Lanka. The Oman chapter has also been updated to reflect the new VAT law. This brings the total number of chapters to 142. All the content is current as of January 1, 2022. The chapters have a greater focus on the VAT rules for the digital economy (with significant changes for the European Union (EU) and EU Member State chapters), with a focus on e-commerce and online marketplaces and platforms. All chapters also include changes to COVID-19 rates, with added content for time limits for recovering input tax, late payment interest and statute of limitations. The guide is available for download here and attached below. ——————————————— EY's Worldwide VAT, GST and Sales Tax Guide 2022 | ||||