Introduction of the VAT e-commerce package is to bring major changes likely to impact the operations of entities managing electronic interfaces (EI), including marketplaces, platforms, portals, or similar means. As of 1 July 2021, the role of electronic interfaces in terms of reporting, record-keeping and VAT duties is to change radically.
Source: KPMG
Latest Posts in "European Union"
- A Coherent Tax Framework for the EU’s Financial Sector: Why the EU Says the Status Quo Is No Longer Tenable
- Statement by President von der Leyen on the 20th package of sanctions against Russia
- Comments on ECJ Case C-603/24: Germany Urges for Clear VAT and Transfer Pricing Classification Following Advocate General’s Opinion
- Comments on ECJ Case C-72/24 and C-73/24: Use of Statistical Values for Customs Valuation Only as Last Resort in Limited Cases
- Boehringer Ruling: Could £2.5bn VAT Reclaims Transform UK Pharma and Healthcare Forever?
