The European Council has amended the EU wide VAT directive (No. 2022/542) relating to the place of supply for live virtual events.
The amendment confirms that the supply of a live virtual event is taxable in the country where the consumer purchasing the online attendance resides, which means that virtual event providers will need to charge VAT to the consumers locally in their own country. This will force these types of suppliers into either VAT registering in each country or using the non-union OSS system to account for the VAT on these types of supplies.
Source: fiscalsolutions.co.uk
Latest Posts in "European Union"
- Briefing document & Podcast: ECJ VAT C-622/23 (RHTB) – VAT Implications in Work Contract Cancellations
- New GC VAT Case: C-689/25 (British Company) – No details known yet
- CJEU Clarifies VAT Rules for Transfer Pricing Adjustments in Intragroup Transactions
- ETAF Calls for Modern, Harmonised VAT Rules for EU Travel and Tourism Sector Reform
- EU Council Approves Customs Duty Cuts on Ukrainian Agri-Food Products
