Whilst the internet and digital technologies are transforming our world, existing barriers remain. As a consequence, the EU considers that consumers miss out on certain goods and services, and technology and internet companies cannot fully grasp the opportunities in the marketplace.

The EU Commission has announced that it’s time to make the EU’s single market fit for the digital age – to remove regulatory walls to move from the respective national markets to a single one. The Commission estimates that this could contribute €415 billion per year to the economy and create hundreds of thousands of new jobs.

But what does this mean in practice? During the webcast we will discuss:

• How will the Commission’s proposed implementing regulations for 2020-21 impact businesses?
• What will be the indirect tax, customs, direct tax and technology systems changes that will need to be in place in readiness for these new rules?
• Who will be affected most?
• What compliance burden will be placed on telecoms, broadcasters and entertainment service providers and marketplace providers?
• How will low value consignment reliefs change VAT and duty on importation?
• Will simplified rules on invoicing and evidence requirements lead to a reduction or expansion of the mini one stop shop (MOSS)?

Many businesses are expected to be impacted and need to stay close to developments and give input where appropriate – there is potentially a lot to deal with.

Please join us on 30 January when our panel of specialists from across PwC’s indirect and direct tax practices will discuss these issues and what businesses can do to prepare.

I hope you can join us, please click here to register.