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VAT in the digital age – modernising the European VAT system – Factsheet

This factsheet summarises the main changes from the European Commission’s proposals to modernise the European VAT systems. The proposals were issued in December 2022 with the intention to:

  • make the VAT system more suitable for e-commerce
  • help fight fraud and improve fairness
  • reduce administrative burden
  • overall make VAT reporting more efficient

Source Accountancy Europe

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