- EU Finance Ministers to meet on 13 May in Brussels
- Aim to reach agreement on VAT rules for distance sales of imported goods
- Part of Customs reform package from May 2023
- Draft directive aims to improve VAT collection on imports
- Suppliers to be made liable for VAT on imports
- Encourages use of VAT import one-stop-shop (IOSS)
- Other agenda topics include policy debate on SAFE instrument
- Preliminary views on new Strategy for a Savings and Investments Union
- Discussion on economic and financial impact of Russia’s actions in Ukraine
Source: etaf.tax
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.