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Proposal to amend rules on VAT Directive rates

On 7 December 2021, the EU Council agreed on a proposal to update rules on value added tax (VAT) rates. This proposal builds on the 2016 VAT Action Plan – Towards a single EU VAT area which aims to put in place a “definitive VAT system” based on the principle of taxation in the country of destination of the goods supplied.

Source: europeantax.blog

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