In the EU, overarching VAT legislation exists in the form of the European VAT Directive (EVD). However, flexibility on some areas of its implementation and interpretation, coupled with Member States’ lack of appetite for more than piecemeal reforms mean that the EU’s VAT system is only semi-harmonised.
Source Accordance
Latest Posts in "European Union"
- ECJ to Decide if Free Tooling Provision Is a Taxable Supply of Services for VAT Purposes
- Advocate-General: Transfer Pricing Adjustments for Intra-Group Goods Likely Subject to VAT Compliance
- Transfer Pricing Adjustments Affect VAT Only if They Alter Agreed Transaction Price Between Parties
- A-G CJEU: Transfer Pricing Adjustments Are VAT Price Corrections for Previous Sales, Not Services
- AG Kokott: Transfer Pricing Adjustments Affect VAT Only if They Change Consideration, Not Just Profit Allocation
