Significant increases announced in EU VAT liability and compliance for accommodation and transport suppliers.
On 8th December 2022, the European Commission proposed major changes to the application of VAT for some suppliers of short-term accommodation rental and passenger transport in EU destinations. Think AirBnB, Booking.com, Uber type businesses but, potentially, many more.
Source evelyn.com
Latest Posts in "European Union"
- CJEU Confirms TP Adjustments as VAT-Applicable Services, Requires Supporting Documentation
- Court of Justice Rules on VAT for Intra-Group Services and Evidence Requirements for Deductions
- ECJ Rules Compensation Payments in Transfer Pricing as Taxable Supply for VAT Purposes
- ECJ 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