- National VAT reporting systems are hindering efforts to harmonize VAT reporting in the EU by 2028
- The Confederation of European Business expressed concern over the impact of these systems
- Harmonizing VAT reporting is a goal of the EU, but national rules are creating obstacles
- The report highlights the need for greater coordination and cooperation among EU member states
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.
Latest Posts in "European Union"
- EU Introduces Flat EUR 3 Customs Duty Per Item for Low-Value Imports from July 2026
- EU VAT Compliance Gap Widens in 2023, Digital Controls Urged to Curb Rising Evasion
- Shaping Fair and Competitive Taxation: Inequality, Growth, and Innovation in the Global Economy
- Zero-Rated Intra-EU Goods Sales: VAT Rules, Conditions, and Compliance for B2B Transactions
- CBAM: Expansion to cast iron, steel and complex metal products from 2028
