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EU Unveils VAT Digitalization Resolutions to Modernize Tax Compliance and Enhance Cross-Border Cooperation

  • EU issued resolutions on VAT digitalization and tax cooperation
  • Introduced digital reporting requirements for VAT harmonization
  • Updated VAT rules for the digital platform economy
  • Implemented a single VAT registration system for cross-EU business sales
  • Seeks to modernize tax compliance and improve transparency and cooperation among EU Member States

Source: globalvatcompliance.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.

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