The European Commission has today proposed (i) a series of measures to modernise and make the EU’s Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalization; and (ii) new tax transparency rules for all service providers facilitating transactions in crypto-assests for customers resident in the European Union.
Further details are available in the press material online:
A) VAT in the Digital Age
- Press release
- Q&A – VAT in the Digital Age
- Q&A – VAT GAP 2022 report
- Factsheet – VAT in the Digital Age
- Factsheet – VAT GAP 2022 report
B) Directive on Administrative Cooperation (DAC8)
Latest Posts in "European Union"
- AG Kokott’s Opinion: VAT Exemption, Vouchers, and Margin Scheme for In-Game Gold Trading
- EU Reaches Agreement on 2028 Customs Reform
- VAT and Transfer Pricing: ECJ’s Arcomet Decision Clarifies Intra-Group Service Remuneration and VAT.
- VAT on Transfer Pricing Adjustments: Importance of Detailed Documentation in Court Rulings
- E-Invoicing in the EU: Tax Authorities’ Data Use and Its Impact on Businesses
