29 May 2020
Due to the Coronavirus crisis, the European Commission proposes to delay the introduction of the EU VAT e-commerce package from 1 January 2021 to 1 July 2021.
It is hoped that the introduction of this package will reduce the amount of VAT fraud, which is prevalent in this sector and currently stands at approx. €5billion per year.
Please click here for further information on these reforms.
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