European Commission Seeks Public Input on VAT Package for Travel and Tourism Sector

• The European Commission is gathering opinions and comments on the VAT Package for travel and tourism.
• Citizens and businesses can share their views on EU policies and legislation through a designated website.
• The initiative aims to assess and review the special VAT regime for travel agents and VAT rules for passenger transport.
• The public and stakeholders are invited to provide feedback and relevant information on the Commission’s understanding of the issue and potential solutions.
• The European economy heavily relies on travel and tourism, contributing about 10 percent to the EU GDP.
• Current VAT rules for the travel and tourism sector are outdated and inconsistently applied by member states.
• The initiative is part of a broader plan to modernize the European VAT system and support a more competitive, digitalized, sustainable, and eco-friendly tourism sector.
• The Commission will evaluate the need for a legislative VAT package focused on the special VAT regime for travel agents and VAT rules for passenger transport.

Source: bta.bg

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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