A new structure for VAT compliance is being introduced for cross-border business-to-consumer e-commerce supplies, which results in transparency for all EU-shoppers in terms of pricing and their mode of preference from 1 July 2021. By doing so, it creates a fairer and simpler tax system, and the modernization of VAT is more realistic in the field of e-commerce.
Source: GVC
Latest Posts in "European Union"
- EU Weighs VAT Reform for Financial Services Amid Crypto and Fintech Growth
- ECJ VAT Case – C-512/26 (Commission v Spain) – Action – VAT rates reform: failure to transpose Directive (EU) 2022/542
- ECJ VAT Case – C-504/26 (Commission v Spain) – Action – Small enterprises VAT scheme: failure to transpose Directive (EU) 2020/285
- New European Court VAT Case – T-520/26 (Frexport) – No details known yet
- New European Court VAT Case – T-519/26 (Liege Cargo Agency) – No details known yet
