Tag: CTP

EU – Council agrees short-term VAT fixes as from 1 of January 2020

Michaela Merz1 Comment

euro-comPlease find attached a press release as published last week by the European Council. This concerns so called “Quick Fixes” aimed to be implemented as per 1 January 2020 (and as an interim step towards a definitive EU VAT system). Due to the numerous discussion around the definition, the “Certified Tax Person (CTP)” concept has been postponed and will likely be part of the definitive VAT regime.

On 2 October 2018, the Council agreed on four adjustments to the EU’s current VAT rules to fix specific issues.Read More »

EU – proposal for the Definitive VAT system for Cross Border EU Trade

Michaela Merz3 Comments

As part of the VAT action plan as launched on 7 April 2016, the EU Commission announced a legislative Proposal for the Definitive VAT system for Cross Border EU Trade. This proposal  introduces the cornerstones of the Definitive VAT system for Cross Border B2B EU trade[1]. Read More »