On 7 December 2021, the Council of the European Union agreed the text of a proposed directive on reforms to EU VAT rates that have long been debated. Under the new rules, member states would be able to apply reduced VAT rates and even a super-reduced or zero VAT rate from a renewed and extended list that would replace both the existing list (dating back to a directive from 1992) and derogations granted to individual member states. The proposals must be endorsed by the European Parliament before the Council can formally adopt the directive.
Source Deloitte
Latest Posts in "European Union"
- Advocate General’s Opinion Clarifies VAT Treatment of Transfer Pricing Adjustments in Stellantis Portugal Case
- Agenda of the ECJ/General Court VAT cases -1 Judgment, 1 Hearing till Feb 25, 2026
- The «Prefilling» headache
- The Fiscalis Programme 2021–2027: Interim Evaluation and Key Insights
- EU ViDA E-Invoicing: Key Changes and Luxembourg Implications for Cross-Border B2B Transactions
