The European Commission has introduced a series of far-reaching proposals set to reshape the landscape of customs and value-added tax (VAT) within the European Union. These proposals encompass alterations to the EU Customs Union and modifications to EU VAT regulations for digital platforms. The phased implementation of the EU Customs Union reform is scheduled to commence in 2028, while significant EU VAT changes for platforms are earmarked for implementation by 2025.
Source: GVC
Latest Posts in "European Union"
- EU Import VAT Deferment: A Strategic Tool Amid Reciprocal Tariff Challenges
- EU Commission Reveals Plan to Implement VAT in the Digital Age (ViDA) Reform
- EU ViDA Implementation: Potential Risks and Pitfalls
- Briefing document & Podcast: ECJ C-436/24 (Lyko) VAT on Loyalty Programs
- AI Transforms VAT/GST Compliance Worldwide: What Companies Need to Do to Keep Pace