Corporate Tax
“On 17 June 2015 the Commission presented an action plan to reform the corporate tax system in the EU. It includes a series of initiatives designed to end tax avoidance, ensure the sustainability of revenues and strengthen the internal market for business. Read More »
Tag: commission
Call for opinion – Review of the content and format of the European Comminssion’s Mini One Stop Shop (MOSS) web portal
As part of the current efforts to support the smooth implementation of the 2015 Place of Supply rules (Council Directive 2008/8/EC) and the functioning of the MOSS portal, the Commission just launched survey to get your inputs and suggestions how to improve the quality of the information presented on the MOSS web portal. The survey is opened till Friday 30 of October.
Modernising VAT for cross-border e-commerce: Commission launches public consultation
The European Commission has launched a public consultation to help identify ways to simplify the Value-Added Tax (VAT) payments on cross-border e-commerce transactions in the EU.
This consultation is also part of the ongoing assessment of the new rules for VAT payments on cross-border telecommunications, broadcasting and electronic services which came into force last January. Read More »
CEE VAT antifraud conference – Budapest
I am delighted to invite you to the “Mind the VAT Gap! CEE VAT antifraud conference”organised by PwC.
The event takes place on November 19, 2015, in Budapest starting at 8:30 am.
The CEE VAT antifraud conferenceaims to bring together the public finance officials of the 5 CEE countries along with European Commission tax specialists, leading tax consultants and business representatives, in order to find the best ways to tackle the issue of VAT tax evasion throughout the CEE region. Read More »
Luxembourg EU Presidency tax priorities
Piere Gramegna, Finance Minister of Luxembourg and ECOFIN Council President, outlined his priorities for the coming six months. For the tax people especially two of them are of particular interest step up the fight against fraud and work towards fairer corporate taxation. Mr Gramegna said “given the budgetary constraints in Member states, fair taxation and the fight against fraud are absolute priorities”. Read More »
European Commission – study on alternative taxation of intra-Community (EU) supplies of goods
On 13 July 2015, the European Commission (EC) published a study entitled “Implementing the ‘destination principle’ to intra-EU B2B supplies of goods” (the Study) on its website.
The Study focuses on two issues involving the current VAT model: first, additional compliance costs borne by taxable persons (especially small and medium-sized enterprises) conducting cross-border trading compared to taxable persons only trading domestically; and second, the level of VAT fraud existing within the European Union. Read More »
EU – working paper on the scope of the notion of electronically supplied services
The Belgian tax authorities submitted questions to the VAT Committee regarding the notion of electronically supplied services as referred to in the EU VAT Directive and the Implementing Regulation, the possible interaction of this type of services with other services and the issue of VAT exemption of such services.Read More »
Guidelines on the audit of the VAT Mini One Stop shop
The EU Commission published additional guidelines on the audit of the VAT Mini One Stop Shop. These additional MOSS guidelines are available on the EU Commission’s website (Link).
The guidelines include additional information about how to contact taxable persons as part of an VAT audit and the method businesses should use to provide the information required by an audit. Read More »
Standard EU VAT Return: Easing life for businesses and improving tax compliance
A new standard VAT return, which can cut costs for EU businesses by up to €15 billion a year, has been proposed by the Commission on 23 October. The proposal still needs to be adopted by the Member States, and if everything goes well will go live on 1 January 2017.Read More »
Supply of electronic services within the EU as from 2015
Under the current EU law suppliers, who are not established within the EU, providing electronic services to non VAT registered customers (BtoC), have to account and pay VAT at the VAT rate of the member state in which the service recipient is domiciled. As from 2015 this rule will also apply to suppliers established within the EU which until 2015 can apply the VAT rate of the member state of their establishment.Read More »
Michaela Merz 