The European Council has amended the EU VAT Directive relating to the place of supply for virtual events. The VAT treatment of virtual events will be aligned with the VAT treatment of electronically provided services. Virtual events will always be deemed to be supplied in the country of the customer. The Directive also provides for a possibility to apply a reduced rate for virtual events and other live-streamed activities. The new measures apply from 1 January 2025.
Source Grant Thornton
