EU outlines key VAT reform priorities

2 November 2016

Following on from the European Commission’s 2016 VAT Action Plan announcement in April 2016, the new presidency of the European Council has outlined some of its key EU VAT reform priorities.

These include:

  • Extending the single EU VAT registration portal used for E-services (Mini One Stop Shop) to e-commerce goods.
  • EU wide removal of the low-value consignment VAT import relief
  • The ability to undertake single cross border VAT audits
  • Implementation of the reduced VAT rate for e-books


Temporary use of the domestic reverse charge on supplies made above a certain threshold in some trade sectors where fraud is rife.

LATEST NEWS

Belgium to cut e-book VAT rate from 1 January 2022

From 1 January 2022, the Belgium tax authorities have confirmed that the VAT rate on the sale of e-books, e-manuals, e-newspapers, and e-magazines sold online...

SEE MORE
LATEST NEWS

Ukraine to apply VAT on digital services from January...

From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses.  At present, non-resident...

SEE MORE
LATEST NEWS

Does a UK e-commerce business need an IOSS...

From 1 July 2021, the EU’s new e-commerce VAT reforms will be introduced allowing sellers to no longer pay import VAT at clearance on low-value consignments...

SEE MORE

Gated Content

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