The European Commission has been working on a proposal relating to the application of reduced VAT rates, ever since this intention was announced back in 2018. In December 2021, the Council of the European Union (“Council”) reached an agreement on a proposal for a Council Directive amending Directive 2006/112/EC (the “VAT Directive”), as regards rates of VAT, (the “Proposal”). This Proposal aims to implement some significant changes regarding the possibility of applying a reduced VAT rate, including the possibility of applying that to certain online events. In addition, the Proposal also introduces a significant change concerning the place of supply rules for online events.
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