EU trade commissioner Maros Sefcovic said on Monday that the European Union would not change its VAT system, which he described as an important source of income for member states.
The 2023 EU VAT Gap Report, recently published by the European Commission, demonstrates that the VAT gap narrowed again in 2021, continuing the trend that began in 2013. In this article, we look at ...
Without much fanfare, last year, the EU introduced its new VAT One-Stop Shop (OSS), an electronic portal for businesses to pay their value-added tax (VAT) on e-commerce sales within the EU. It’s a ...
- WELCOMES the Commission Communication "Towards a single EU VAT area - Time to decide" (VAT Action Plan) and TAKES NOTE of the Special Report of the Court of Auditors No. 24: "Tackling ...
Liz Armbruester, Avalara's senior vice president of global compliance, discusses the recent EU VAT e-commerce reforms and their impact on businesses and consumers worldwide. This transcript has been ...
BRUSSELS, May 17 (Reuters) - The European Commission proposed on Wednesday a reform of customs rules for the surge of incoming packages ordered online and to cope with increased environmental and ...
Fernando Matesanz of Spanish VAT Services examines how the opinion delivered in case C-515/24 addresses whether Spain could ...
There are no immediate tax consequences of the Brexit vote. When the UK leaves the EU (which should not be for a period of at least two years) customs duties and tariffs may change depending on the ...
The Council adopted three short legislative acts aimed at adjusting some of the EU's VAT rules in order to fix four specific issues pending the introduction of a new VAT system. These relate to: ...
Nigeria’s Value Added Tax (VAT) system is riddled with inefficiencies, according to the European Union (EU). This assertion came from Massimo De Luca, Head of Cooperation and Delegation of the EU to ...
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