The EU Commission launched a proposal for a Regulation on the EU Customs rules.
“This reform strengthens the capacity of customs to supervise and control which goods enter and leave the customs union. The customs reform is a long-term strategic decision, aiming at adapting flexibly to changes in supply chains and better defending the financial interest of the EU and its Member States as well as EU’s security, safety and public interests.”
“This reform simplifies the UCC and cuts red tape, in line with the Commission’s regulatory fitness and performance programme (REFIT). It is part of the Commission Work Programme 2022 under the priority ‘An economy that works for the people’.”
Source eur-lex.europa.eu
Latest Posts in "European Union"
- CJEU Rules Non-Transactional Profit Adjustments by Principal Are VAT-Applicable Services in Arcomet Case
- Understanding VAT Implications on Transfer Pricing: Insights from Arcomet Case C-726/23
- VAT Implications on Transfer Pricing Adjustments: Insights from Acromet Towercranes Case
- CJEU Ruling: Transfer Pricing Adjustments Impact VAT in Arcomet Case (C-726/23)
- EU Court of Justice Rules Transfer Pricing Payments Subject to VAT in Arcomet Case