- VAT is more than a revenue tool; it relates to digitalisation, internationalisation, and sustainability.
- Madeleine Merkx, a Professor of Indirect Taxes, focuses on VAT’s role in these areas.
- VAT is influenced by social developments, such as circular construction and material reuse.
- Merkx’s research examines VAT challenges in a digital and global world.
- Changes in VAT rules affect where taxes are levied, often now in the consumer’s country.
- Monitoring and enforcement of VAT compliance use technology and behavioural insights.
- The EU is considering proposals for e-invoicing and digital reporting to prevent fraud.
- VAT can support sustainability, such as promoting electric vehicles and fixing electronics.
- Merkx’s projects include studying VAT’s role in the circular economy and tackling fixophobia.
Source: eur.nl
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.
