- Impact of VAT Rules on B2B Intra-EU Supplies: Key rules affecting the costs associated with distribution and contract work in intra-EU B2B transactions, including place of supply rules, VAT identification, payment of VAT abroad, VAT deduction, and necessary formalities.
- Challenges in Verification and Documentation: It emphasized the importance of transport documents and the need to verify customers’ VAT identification, noting the difficulties in operational information verification due to the lack of physical controls over goods movements and the deficiencies in the VIES system for VAT number verification.
- Evolving VAT System and Proposed Changes: Tthe structural weaknesses of the current EU VAT system, advocating for the adoption of service-like place of supply rules for goods to enhance tax compliance and efficiency. It also mentioned potential taxation of intra-EU supplies, recognizing challenges such as bad debt reliefs and the burden of VAT liability on suppliers when clients fail to pay.
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