VATupdate

Share this post on

VAT in the Digital Age (Part 2): “Single VAT Registration” to avoid foreign registrations

On 08.12.2022, the European Commission published a draft directive for the “VAT in the Digital Age” initiative. One of three pillars in the new package of amendments is the “Single VAT Registration”. This is intended to eliminate the registration obligations in other EU countries for most businesses and thus relieve them of administrative duties. The entry into force of the new regulatory framework is planned for 01.01.2025.

Source: KMLZ

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner
  • vatcomsult