- The Act amends the VAT Act to align with EU Directive 2025/516 (ViDA), effective from January 1, 2027.
- Key changes include extending the deemed supplier rule for e-commerce platforms, phasing out call-off stock simplification, and clarifying OSS/IOSS schemes.
- New measures introduce VAT transfer pricing for related-party transactions, an anti-abuse rule for free services with reclaimed input VAT, and require VAT-inclusive price displays.
- Updates are made to rules on refunds, appeals, and electronic notifications.
- All amendments except those related to ViDA take effect upon publication of the Act.
Source: zampapartners.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.
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