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
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