- Luxembourg Parliament has accepted a bill to amend VAT law
- The bill aims to expand the optional reverse charge mechanism to fight carousel fraud
- Additional goods such as mobile phones, tablets, headphones, electronic circuitry, and raw or semi-finished metals will be included in the expansion
- Goods under special regimes for gold investment and special profit margin taxation will be excluded from the expansion.
Source: news.bloombergtax.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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