Member of the European Parliament Olivier Chastel (Renew Europe, Belgium) recently published its draft report for the ECON committee on the VAT in the digital age package. In his draft report, he says he wants to achieve more balance between the objectives of combating fraud and the difficulties for businesses which might arise in applying the newly proposed rules. In particular, he believes that a ten working day deadline for issuing and declaring invoices would be more realistic for businesses, especially SMEs, than the two-day deadline proposed by the Commission.
Source: etaf.tax
Latest Posts in "European Union"
- New General Court VAT case – T-569/25 (X-GmbH) – Details not yet known
- Agenda of the ECJ VAT cases – 1 Judgment, 6 AG Opinions, 2 Hearings till October 3, 2025
- Briefing Document & Podcast: What is the EN 16931 E-Invoicing Standard?
- ICS2 Implementation for Northern Ireland: Transition Details and Support for Carriers by HMRC
- EU Court Upholds VAT Exemption for Exported Goods Despite Initial Intra-EU Delivery Intentions
