Since 2015, the European Union has been gradually implementing a series of reforms designed to create a Digital Single Market across the EU. In setting its reform agenda, the European Commission ...
The 2023 EU VAT Gap Report, recently published by the European Commission, demonstrates that the VAT gap narrowed again in 2021, continuing the trend that began in 2013. In this article, we look at ...
Without much fanfare, last year, the EU introduced its new VAT One-Stop Shop (OSS), an electronic portal for businesses to pay their value-added tax (VAT) on e-commerce sales within the EU. It’s a ...
Liz Armbruester, Avalara's senior vice president of global compliance, discusses the recent EU VAT e-commerce reforms and their impact on businesses and consumers worldwide. This transcript has been ...
Countries are revising their de minimis rules for low-value imports. E-commerce retailers will need to review their supply chains, pricing strategies, and compliance obligations.
- WELCOMES the Commission Communication "Towards a single EU VAT area - Time to decide" (VAT Action Plan) and TAKES NOTE of the Special Report of the Court of Auditors No. 24: "Tackling ...
The Council adopted three short legislative acts aimed at adjusting some of the EU's VAT rules in order to fix four specific issues pending the introduction of a new VAT system. These relate to: ...
(Bloomberg) -- The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the Trump administration. “VAT is clearly not a tariff,” Wopke ...
The taxation of financial services is one of the most vexing aspects of a Value Added Tax (VAT). Conceptually, VAT should apply to any fee for service but where financial services are concerned there ...
The “Casa Report” on the standardisation of VAT yesterday surpassed its final hurdle when it was adopted by the European Parliament in its plenary session in Strasbourg. The report concerns the EU VAT ...