VATupdate

Understanding VAT Between European Countries

All European countries charge VAT on goods and services. VAT is a consumption tax added during each production stage of goods or services.

Although VAT is near-universal according to the EU VAT Directive, VAT rates within the EU do differ.

This is because the EU VAT Directive allows Member States to choose whether to implement specific measures. Our guide on understanding VAT compliance explores this in more detail.

Source Sovos

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