TECHNICAL ROUND UP – BRUSSELS DETAILS UPCOMING EU VAT REFORMS
May 22nd, 2015
BRUSSELS DETAILS UPCOMING EU VAT REFORMSTHE EUROPEAN Commission has released a statement outlining the subject of planned VAT legislative proposals to be made next year (2016). These will reduce the administrative burden on businesses through VAT regimes varying between European Union (EU) member states. Brussels said it would extend the current single electronic registration and payment mechanism to cross-border online sales of physical goods. Also, a common EU-wide simplification measure would help small start-up e-commerce businesses. A single audit of ...
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