During the last meeting of the EU VAT Forum, a report on the VAT Quick Fixes was approved.
The present report answers the call from the EU VAT Forum to provide feedback and insights on different practical issues and difficulties that have arisen since the implementation of the VAT Quick Fixes in January 2020.
At the plenary meeting held on 28 September 2020, the EU VAT Forum decided to take the above-mentioned work further, analyse and provide feedback on several practical problems identified by businesses when putting into practice the Quick Fixes.
The purpose of the subgroup is to prepare a report where these practical issues are properly identified and to provide, where possible, suggestions, proposals or best practices to be ideally discussed in the relevant fora.
The subgroup was asked to present the final report to the EU VAT Forum at its plenary session in September 2022.
Source Taxation-customs.ec.europa.eu
Latest Posts in "European Union"
- CJEU Rules Non-Transactional Profit Adjustments by Principal Are VAT-Applicable Services in Arcomet Case
- Understanding VAT Implications on Transfer Pricing: Insights from Arcomet Case C-726/23
- VAT Implications on Transfer Pricing Adjustments: Insights from Acromet Towercranes Case
- CJEU Ruling: Transfer Pricing Adjustments Impact VAT in Arcomet Case (C-726/23)
- EU Court of Justice Rules Transfer Pricing Payments Subject to VAT in Arcomet Case
