New VAT rules for e-commerce will be introduced in the European Union (EU) as of January 1, 2021. The EU intends to modernize and simplify the VAT system for online sales of goods. This is a priority within the wider Digital Single Market Strategy of the European Commission. The new VAT rules also aim to combat VAT fraud. In this blog Max van de Ven, Andy van Esdonk and Giancarlo Stanco, of KPMG Meijburg & Co, each share their view on the impact of these new VAT rules.
Source: KPMG
Latest Posts in "European Union"
- 2025 Global VAT / GST Changes
- Understanding Fiscal Representatives
- Comments on ECJ C-375/24: Application of reduced VAT rate to puzzle books with number Sudokus
- EU Directive on New VAT Rules for Imported Goods Effective August 2025
- Enhancing VAT Compliance: Real-Time Reporting and Control Statements to Combat Fraud
