Outstanding decisions on Partial or Total Harmonisation of Digital Reporting Requirements The EU review of digital reporting requirements (DRR) is now progressing following the completion earlier this month of the public consultation. The DRR review includes options for EU-wide live transaction or e-invoice reporting to
ECJ rules that Indirect Representative not liable for VAT; only customs duties The Court of Justice of the European Union has ruled the mandatory indirect representatives are not jointly and severally liable for the VAT of their importer clients. Representative agents act on behalf of
Place of supply rules change for income from B2C online live conferences, training, concerts The EU is to update the Value Added Tax rules for determining in which country VAT is due – ‘place of supply’ – on entrance fees for virtual events. Member states
Questions around marketplace deemed supplier obligation as part of VAT in the Digital EU review Following the ending of the public consultation of the EU VAT in the Digital reforms, a number of issues remain around the proposed full liability model being considered for the platform
Legislator endorses continuation of anti-VAT fraud measure and Quick Reaction Mechanism until 31 December 2025 The European Union Parliament has voted to retain the VAT reverse charge mechanism to help reduce the VAT Gap – amount of uncollected EU VAT. The reverse charge is an
EU’s VAT Committee reviews VAT treatment on cryptocurrency payment tokens The European Commission’s VAT Committee is reviewing the Value Added Tax issues arising from cryptocurrencies such as bitcoin, Spice and utility tokens. The discussion covers the VAT position, including whether taxable supply, and then, if a
European countries compete to attract import business with reverse charge import VAT with no cash payments Most European Union member states offer cashflow assistance for importers of goods into their country. France’s 2022 import VAT scheme is the latest new addition. This can be VAT
The Court of Justice of the European Union rules Belgian regional legislator may demand home rental transaction data from Airbnb The ECJ has ruled Airbnb Ireland (C-674/2) must provide transaction-level data to regional tax authorities following hearing brought by Belgium. The regional legislator had required
European Commission seeks to harmonise digital Continuous Transaction Controls ‘CTC’ options for VAT e-invoice and real-time reporting The European Commission (EC) is undertaking a review to introduce harmonised Digital Reporting Requirements (DRR) (previously known as ‘Transaction Based Reporting’) across the 27 member states. A public consultation
VAT reforms – platforms; gig and sharing economies; full deemed supplier liablity? As part of the VAT in the Digital Age review of the impact and best policies for indirect tax reforms, the European Commission is reviewing ‘VAT Treatment of the Platform Economy’. This includes
