On May 16, 2019, the VAT expert group of the European Commission published new minutes of their meeting on the so-called quick fixes for cross-border trade and VAT. Discussions took place on the call-off stock VAT arrangement and their impact on industries using this supply chain concept. In this article we will first highlight some of the key aspects of the call-off order process itself, both from a procurement perspective and from a suppliers perspective, before we discuss the VAT impact and future simplification.
Source Tradetaxport
Latest Posts in "European Union"
- Transfer Pricing and VAT: Navigating Overlaps, Risks, and Key ECJ Case Law for Multinationals
- Preliminary Questions on VAT Transfer of a Going Concern in Real Estate Transactions in the Netherlands
- EU Plans Flexible Tax Measures to Lower Electricity Costs Amid Energy Price Surge
- CJEU Clarifies VAT Deduction Rights: Timing, Statutory Equipment, and Member State Restrictions
- ECJ C-321/25 (Gidzhinov) – AG Opinion – National limitations and higher “agreement” penalties for fraud don’t breach EU law
