The Luxembourg government has introduced VAT bill 8406, which proposes the implementation of two key European Directives starting from 1st January 2025. This legislation introduces important changes affecting various business sectors, including small enterprises, virtual events and the art industry.
Key changes include:
- 1) Adjusting the place of supply rules for virtual events, making them taxable where the recipient is located. This aims to standardise the VAT treatment of virtual events across the EU.
- 2) Allowing businesses offering virtual events in Luxembourg to utilise the One Stop Shop (OSS) system.
- 3) Adjusting VAT rates for the art sector.
Source Innovate Tax
Click on the logo to visit the website
Latest Posts in "Luxembourg"
- Luxembourg VAT on Directors’ Fees: Impact of CJEU C-288/22 Ruling and District Court Decision
- Luxembourg’s e-Invoicing Implementation: Compliance, Standards, and Future Developments in Public Procurement
- eInvoicing in Luxembourg
- Benelux Study Day on E-Invoicing (25 March 2025): Conclusions and Strategic Outlook
- Briefing Document & Podcast – ECJ C-497/01 (Zita Modes): VAT Transfers and the “No-Supply Rule” under EU Law