When is an event a digital service? And can a digital service be an event? These aren’t riddles: getting the answer right could directly affect your tax bill.
EU regulators have been taking another look at the way the internet affects the economy. After all, in the words of European lawmakers, “digitalisation plays a key role in creating value and in fostering competitiveness”. In order to promote economic development, EU member countries are permitted to provide a special reduced VAT rate on certain online services.
Source: vatglobal.com
Latest Posts in "European Union"
- Scope of Standstill Clause in VAT Directive for New EU Member States: Spanish Representation Expenses
- EU Refers Spain to Court for Failing to Transpose VAT Directives into National Law
- EU Refers Spain to CJEU Over Failure to Transpose Two Key VAT Directives
- EU Court Rules VAT Applies to In-Game Asset Sales; Not Exempt as Financial Services
- ECJ Rules VAT Applies to Trading In-Game Assets for Real Money, In-Game Gold Not Exempt
