E-commerce package reforms 2022 revenues up 26% on 2021 numbers; 130,000 e-commerce sellers & marketplaces registered The European Commission as published 2022 revenues for the One Stop-Shop return and Import One Stop-Shop returns – €17 billion and €2.5 billion, respectively. It said that almost 130,000
Finland to evaluate mandatory real-time e-invoicing Finland is set to review mandating B2B e-invoicing / digital reporting for its taxpayers. This comes as the EU VAT in the Digital Age plans progress towards implementing structured e-invoicing for intra-community supplies from 2028. The news was included
Travel operator, passenger transport and accommodation platform associations question need for full VAT deemed supplier obligations Several travel and related platform trade associations have raised doubts about proposed deemed supplier obligations in the Platform Economy pillar of the VAT in the Digital Age reforms. The
EU’s Directorate-General Taxation and Customs (DG TAXUD) has summarised its top reforms and ongoing work around the EU’s VAT regime, customs and related areas in its Management Plan 2023 Key issues DG TAXUD is looking to progress includes: Agreement of the 3-pillars of EU VAT in
European Commission may delay 2028 existing e-invoicing regimes’ convergence to ViDA Digital Reporting Requirements Several EU member states with existing or planned mandatory domestic e-invoicing regimes look likely to secure a delay on the January 2028 deadline for them to converge with the proposed VAT
Backing for EU’s VAT in the Digital Age reforms; sceptical on need for mandatory domestic e-invoicing regime The Dutch Secretary of Finance has confirmed conditional support of the EU’s VAT in the Digital Age – reforms designed to reduce the need for foreign VAT registrations
Global standard for CTC electronic invoicing to fight VAT fraud Peppol CTC (Continuous Transaction Controls) is a technical architecture developed in 2021 by PEPPOL (Pan-European Public Procurement Online) that seeks to set a new standard for pre-clearance e-invoicing regimes based on CTC. It aims to improve interoperability
European Commission proposes 2024 (TBC) quick fixes to the existing e-commerce regime prior to ViDA changes to e-commerce VAT rules from 2025 As part of the VAT in the Digital Age ViDA reforms, the European Commission has proposed the extension of the OSS e-commerce single EU
European Commission calls for feedback on adoption and areas for improvement of standard electronic invoice format as VAT in the Digital Age reforms approach The European Commission is holding a consultation of the eInvoicing Directive 2014/55/EU which provides for a common European standard on eInvoicing
