- The European Commission has opened a public consultation on aligning VAT rules with the circular and low-emission economy, linked to the upcoming Circular Economy Act.
- The consultation seeks input on VAT changes to better support circular business models, focusing on second-hand goods, destruction of viable goods, and VAT deduction rules for passenger cars used for business.
- The initiative is part of a broader evaluation and impact assessment that is expected to finish in early 2027.
- Findings from the process will feed into a legislative proposal to amend the VAT Directive.
- The consultation will run for eight weeks on the Commission’s “Have your Say” portal.
Source: taxation-customs.ec.europa.eu
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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