Action Plan on VAT adopted by European Commission

29 April 2016

During April 2016 the European Commission approved an action plan which sets out actions to tackle VAT fraud, adapt the EU VAT system to the digital economy and to further consider the VAT obligations on small and medium enterprises.

It is hoped that this will help to steer the EU towards a robust single European VAT area in relation to cross-border supplies and also proposes options for a new policy on EU rules governing VAT rates.

If implemented this could mean the abolishment of zero-rating on intra-community supplies of goods between businesses and these types of transactions will instead be subject to VAT in the country of sale.

LATEST NEWS

Norway extends reduced VAT rate to September 2021

Norway has confirmed that the temporary reduced VAT rate reduction, from 12% to 6%, will be extended from 30 June 2021 to 30 September 2021. The reduced VAT...

SEE MORE
LATEST NEWS

Canada: GST to be charged on digital goods and...

From 1 July 2021, the Canadian Revenue Agency (CRA) will introduce Goods and Sales Tax (GST)/Harmonised Sales Tax (HST) on sales of e-commerce goods and...

SEE MORE
LATEST NEWS

France to introduce e-filing for 13th Directive VAT...

From 1 July 2021, non-EU businesses must request 13th Directive VAT refund claims electronically through a fiscal representative established in France. These...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.