- During the latest ECOFIN meeting on June 21, Member States discussed implementing VAT in the Digital Age proposals
- Estonia objected to proposed platform rules and requested new deemed supplier rules be optional
- A compromise text was proposed, allowing an opt-in for new deemed supplier rules for SME businesses
- 26 Member States and the commission agreed on the compromise, but Estonia could not support it
- The Hungarian presidency will now seek agreement on the proposals in the second semester of 2024.
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "European Union"
- Blog Luc Dhont: How Can Multinationals Comply with VAT on Transfer Pricing Adjustments Post-ECJ Arcomet?
- ECJ Opinion Sheds Light on VAT for Ancillary Services in German Accommodation Sector
- Briefing document & Podcast – C-409/04 (Teleos): Physical Movement & Supplier Due Diligence Key for Intra-EU VAT Exemption
- EU boosts tax cooperation with Andorra, Liechtenstein, Monaco, and San Marino
- Briefing document & Podcast: ECJ C-271/06 (Netto Supermarkt) – VAT exemption granted if fraud undetectable with due commercial care
