19 July 2018
News from Accountancy Europe - July 2018
The ECON Committee has voted on its non-binding opinion on the Commission proposal for better VAT administrative cooperation, including provisions concerning the certified taxable person (CTP). The file is led by the MEP Roberts Zile (ECR/LAT)...
20 June 2018
News from Accountancy Europe June 2018
ECON hearing on VAT administrative cooperation - 16 May 2018...
08 June 2018
COUNCIL DIRECTIVE amending Directive 2006/112/EC
COUNCIL DIRECTIVE amending Directive 2006/112/EC as regards the introduction of the detailed technical measures for the operation of the definitive VAT system for the taxation of trade between Member States.
10 May 2018
News from Accountancy Europe May 2018
The European Commission has launched an updated Mini-One Stop Shop (MOSS) portal for VAT purposes. The new MOSS portal provides comprehensive and easily accessible information on VAT rates for telecom, broadcasting and eservices, and explains how the MOSS can be used to declare and pay VAT on such services...
12 April 2018
News from Accountancy Europe April 2018
The Commission has published a report looking into the effects of the reverse charge mechanism (Article 199 a. and b. of the VAT Directive) on combatting fraud and on the impacts of the mechanism more broadly...
15 March 2018
News from Accountancy Europe March 2018
The EU Commission has just launched a questionnaire/consultation, which is one of the last deliveries of the 2016 VAT Action Plan. It complements the recently adopted VAT Digital Single Market Package (5 December 2017). The latter simplified VAT rules for cross border business to consumers (B2C) supplies, while this initiative is about the administrative cooperation tools for the competent tax authorities to detect and control VAT non-compliant sellers trading online.
26 February 2018
News from Accountancy Europe February 2018
The European Commission published on 18th January its long-awaited new VAT package consisting of two core elements...
22 January 2018
News from Accountancy Europe January 2018
European Commission European Commission proposes to maintain minimum VAT rate of 15% under definitive regime - 19 December 2017
20 November 2017
Tax Policy Update – Accountancy Europe November 2017
20 September 2017
News from Accountancy Europe October 2017
The Commission has published the latest annual Taxation trends report. The report shows that revenues from consumption taxes (including VAT and excise duties) for the EU-28 increased as a percentage of GDP in 2015. However, the share of consumption taxes out of total revenue increased only slightly to 28.7% compared to 28.5% in 2014. The report also demonstrates that the average top corporate tax rate reduced from 22.5% to 21.9% between 2016 and 2017. The Taxation trends report provides detailed statistical and economic analysis of the tax systems of the 28 EU Member States, as well as Iceland and Norway. The report also includes country chapters where, for each country, key tax indicators are provided on tax revenues as a percentage of GDP for the years ranging from 2003 to 2015. These are supplemented by tables presenting the latest tax reforms in each country.