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 ...
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.
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 ...
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 ...
- 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 ...
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 ...
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 ...
After more than four years of deadlock, European finance ministers have adopted new rules on the way value-added tax is collected on services provided between member states. Revenues will now be ...
Fernando Matesanz of Spanish VAT Services examines how the opinion delivered in case C-515/24 addresses whether Spain could ...
To receive the Vogue Business newsletter, sign up here. For some fashion brands and retailers, new EU regulations to be introduced in July concerning how sales tax, or VAT, is collected will make ...
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 ...