The European Court of Auditors has examined loopholes and inconsistencies in the EU regulatory framework and identified serious shortcomings in the way Member States check that the correct amount of VAT due is collected when using the simplified import customs procedures.
Source: www.taxlive.nl
Latest Posts in "European Union"
- VAT and Transfer Pricing: CJEU’s Arcomet Decision Clarifies Intra-Group Service Remuneration and VAT.
- VAT on Transfer Pricing Adjustments: Importance of Detailed Documentation in Court Rulings
- E-Invoicing in the EU: Tax Authorities’ Data Use and Its Impact on Businesses
- Are Pre-Filled VAT Returns Truly Beneficial for Businesses Navigating Complex Tax Regimes?
- EU VAT Expert Group Highlights E-Invoicing Standardisation Challenges and ViDA’s Impact on Businesses
