In today’s episode of VAT Talks we discuss digital reporting requirements (summitto’s confidential real-time reporting system falls under this umbrella term) with Michel Schrauwen, Managing Partner Indirect Taxes at Deloitte, and Oscar Smeets, Senior Manager Indirect Tax at Deloitte and lecturer at Tilburg University. Together they wrote an excellent article about the potential benefits of digital reporting requirements for the Netherlands, cautiously concluding that the Dutch government could save at least €1.5 billion on an annual basis. We discussed why both Michel and Oscar are so obsessed with VAT, how digital reporting requirements can help close the VAT gap and what would be the best approach to implement digital reporting requirements throughout the European Union (EU).
Source: summitto.com
Latest Posts in "European Union"
- CJEU Ruling: VAT Treatment of Transfer Pricing Adjustments Between EU Member State Companies
- CJEU Rules Intra-Group Payments Under Transactional Net Margin Method Subject to VAT
- European Commission launches three new CBAM Calls for Evidence
- Comments on ECJ C-726/23 (Arcomet) – VAT Applies to Transfer Pricing Adjustments, Clarifying Deduction Requirements
- EU Sugar Taxes: Diverse Approaches to Reducing Sugary Drink Consumption Across Member States