VAT e-invoicing mandate planning underway – 2025 target – to supplement myDATA transaction reporting for pre-filled VAT returns Greece’s Ministry of Finance and tax authority (AADE) has confirmed that it is discussing the necessary derogations from the European Commission to vary from the EU VAT
Shift from 21% standard rate to 9% reduced rate; other reduced rate changes The Baltic state of Lithuania is considering in parliament a fill to reduce the VAT rate on electronic books and publications to 9%. This follows most other EU states which have harmonised
e-publications allowed same VAT rate as paper-versions Romania is to reduce the Value Added Tax rate on e-books from 1 January 2022. This will include audio books, blogs, electronic newspaper and journals. The follows a 2018 agreement between member states to allow the harmonisation of
Latvia enacts EU reduced VAT agreement on e-books and news 1 January 2022 The Baltic state of Latvia’s Parliament has agreed to cut the Value Added Tax rate on income from electronic books, newspapers and journals to 5% from the rate of 21%. This harmonises
Sales e-invoice reporting goes ahead; purchase reporting to follow from 1 Jan 2022 Greece’s Ministry of Finance and Greek tax office, AADE, started the voluntary the rollout of its VAT transactional reporting from 1 July 2021 via e-invoice and e-book reporting. Sales invoice reporting started
Greece is to join the majority of EU member states and switch electronic books and publications from the 24% standard VAT rate to its 6% reduced rate. The changes is now confirmed fro 18 July 2021 gazette. EU harmonises e-books and journals VAT rates 2018
Harmonised VAT on e-publications and paper equivilants Estonia has introduced a range of tax measures to help businesses and consumers during the COVID-19 health and economic crisis. The Value Added Tax measures include: Electronic book and educations books will be reclassified to the 9% reduced
Slovenia has harmonised the VAT rate on printed books and journals to the e-book rate. The reduced rate is now 5% from 1 January 2020. This follows the Council Directive (EU) 2018/1713 in the VAT Directive to permit EU member states to set electronic publications Value
Ireland has cut the VAT rate on electronic books from 23% to 9%. The new rate will apply from 1 January 2019. This follows agreement by the 28 EU member states to allow the setting VAT rates on e-books and audio books at the same
