- EU VAT rules differ by industry, affecting rates, exemptions, and compliance.
- Retail and e-commerce face complexities with cross-border sales and varying VAT rates.
- Hospitality and tourism often have reduced VAT rates, but rules vary by country.
- Financial and insurance services are mostly VAT-exempt, complicating input tax recovery.
- Digital and SaaS services require VAT based on customer location, with specific reporting rules.
- Construction and real estate VAT treatments vary based on property type and transaction nature.
Source: taxually.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.
