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VAT in the digital age: the platform or sharing economy

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

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