In the EU, overarching VAT legislation exists in the form of the European VAT Directive (EVD). However, flexibility on some areas of its implementation and interpretation, coupled with Member States’ lack of appetite for more than piecemeal reforms mean that the EU’s VAT system is only semi-harmonised.
Source Accordance
Latest Posts in "European Union"
- EU VAT Guide: Disbursements vs Recharges Classification and Tax Implications
- Hungary’s Carbon Tax Conflicts with EU Emissions Trading System Directive 2003/87
- EU VAT Compliance: B2C Distance Sales Rules and €10,000 Threshold Guide
- EU Parliament Backs Tax Code Simplification to Boost Economic Growth
- Roadtrip through ECJ Cases – Focus on “Liability to pay VAT – VAT shall be payable by any person who enters the VAT on an invoice” (Art. 203)
