- Tax fragmentation and legal uncertainties between EU Member States continue to hinder the smooth functioning of the single market, creating barriers to cross-border business.
- Administrative burdens, such as duplicate reporting and inconsistent procedures, distort competition and deter investment.
- VAT-related issues are the most frequently reported tax obstacles, with significant challenges in VAT registration abroad due to differing national procedures.
- The upcoming VAT One-Stop Shop (OSS) expansion under ViDA reforms will reduce, but not eliminate, the need for multiple VAT registrations.
- Full harmonization of VAT rules is hampered by the requirement for unanimous agreement among Member States, maintaining legal uncertainty and limiting the single market’s potential.
Source: meridianglobalservices.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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