- The European Commission has proposed the use of e-invoicing and digital reporting requirements for intra-EU transactions to tackle VAT fraud and prevent market fragmentation.
- However, this proposal fails to address the root cause of missing trader fraud and may compromise the confidentiality of business data.
- It also opens the door to new forms of fraud and imposes additional costs on businesses.
- The proposal should consider fundamental concepts and alternative solutions. If adopted, citizens can challenge any legal deficiencies through the procedure outlined in article 263 of the TFEU.
Source Christian Amand
See also IBFD International VAT Monitor – Recent articles
Latest Posts in "European Union"
- Comments on ECJ C-101/24 (Xyrality) – Judgment on app stores as VAT commissionaires
- ECJ Confirms Deemed Reseller Rule for App Store In-App Purchases
- VAT Challenges in Toll Manufacturing: Goods vs Services Classification Issues
- VAT and Transfer Pricing – Four recent cases @ ECJ/CJEU – 3 cases decided, 1 case pending
- Briefing document & Podcast: ECJ C-580/16 (Hans Bühler) – Late submission of recapitulative statements should not disqualify a business from exemptions
