On 12 June 2014, the VAT Expert Group adopted an Opinion on the definitive VAT regime for the taxation of intra-EU B2B supplies of goods. The European Union ("EU") has lived with a transitional VAT system for cross-border trade ("the transitional VAT system") for more than 20 years. During these years cross-border trade has developed and the internal market now sees substantive trade both in goods and services. However, the transitional VAT system is causing significant administrative burdens and unacceptable risks for business and tax administrations alike.

The Group encourages business to take part in the survey related to the ongoing study on applying the ‘destination principle' to intra-EU B2B supplies of goods. 


Informatiesoort: Nieuws

Rubriek: Europees belastingrecht, Omzetbelasting

H&I: Previews


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