- On 17 May 2024, our organizations representing businesses and tax professionals are urging the European Commission to promote EU values and sustainability by implementing VAT relief on charitable donations across the EU.
- Businesses can contribute to sustainability by donating goods, as the destruction of unsold items comes at a high cost to people and the environment.
- Harmonizing VAT donations across the EU would align with the Waste Framework Directive and sustainability reporting goals.
- We support the recent call for greater harmonization of VAT neutralization options for donations across the Single Market.
- We urge the European Commission to provide guidance to Member States on applying VAT exemptions for charitable donations and to facilitate corporate donations across the EU.
Source Accountancy Europe
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