The Commission publishes Roadmap for the Action Plan for a simple, efficient and fraud-proof definitive system of Value Added Tax tailored to the single market – 28 January 2016 …
Communication from the Commission to the European Parliament, the Council and the EESC – TAXUD.C.1, 2016/TAXUD/005
The Commission publishes Roadmap for the Action Plan for a simple, efficient and fraud-proof definitive system of Value Added Tax tailored to the single market – 28 January 2016
The European Commission has published its Roadmap on the anticipated VAT Action Plan (AP). It outlines additional details and provisions to be included in the AP, expected for 8 March. Of particular interest, the AP will present the main principles and features for an efficient and fraud-proof definitive VAT regime and initiatives on VAT rates and e-commerce in the context of the Digital Single Market. The AP will moreover come in the form of a communication outlining the Commission’s strategic planning and thinking for reforming the EU VAT system, and will in particular set out the direction for future work. Finally, the Roadmap outlines four options that the Commission is considering for intra-EU B2B supplies of goods, and public consultations on specific provisions may eventually follow. In terms of background, roadmaps for new major initiatives describe the problem to be tackled and the objectives to be achieved, explain why EU action is needed and its added value and outline alternative policy options.
Link to the roadmap of this initiative: http://ec.europa.eu/smart-regulation/roadmaps/docs/2016_taxud_005_vat_action_plan_en.pdf
We anticipate that the detailed strategy will be presented in mid-March.