- The European Commission has launched an eight-week consultation on potential EU VAT rule changes to better support a circular, low-emission economy, with responses due by 4 November 2026.
- The review focuses on VAT treatment of second-hand goods, the destruction of viable goods, and VAT deductions for passenger cars used for business purposes.
- The consultation is part of broader work tied to an upcoming Circular Economy Act and an evaluation/impact assessment expected to finish in early 2027.
- The findings are intended to inform a legislative proposal to amend the EU VAT Directive.
Source: brusselstimes.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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