- Council Decision Overview: Council Decision (EU) 2025/942 establishes the EU’s position in the Trade Specialised Committee on VAT and tax recovery under the Trade and Cooperation Agreement with the UK.
- Framework for Cooperation: The decision emphasizes a legal framework for cooperation against VAT fraud and the recovery of claims, utilizing existing administrative tools from EU Member States.
- Standard Forms Adjustment: It mandates adjustments to standard communication forms to align with the Exchange of Forms system, ensuring effective information exchange between EU and UK tax authorities.
Source eur-lex.europa.eu
Latest Posts in "European Union"
- CJEU Confirms TP Adjustments as VAT-Applicable Services, Requires Supporting Documentation
- Court of Justice Rules on VAT for Intra-Group Services and Evidence Requirements for Deductions
- ECJ Rules Compensation Payments in Transfer Pricing as Taxable Supply for VAT Purposes
- ECJ Rules Non-Transactional Profit Adjustments by Principal Are VAT-Applicable Services in Arcomet Case
- Understanding VAT Implications on Transfer Pricing: Insights from Arcomet Case C-726/23
