Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

European Commission presents new VAT rules for digital single market

06 December 2016
Issue: 4579 / Categories: News

By introducing an EU-wide portal for online VAT payments (the ‘one stop shop’), VAT compliance expenses will be significantly reduced.

The European Commission has introduced a series of measures to improve the VAT system for e-commerce businesses in the EU.

The proposals will allow consumers and companies to buy and sell goods and services more easily online.By introducing an EUwide portal for online VAT payments (the ‘one stop shop’) VAT compliance expenses will be significantly reduced saving businesses across the EU €2.3bn a year. The new rules will also ensure that VAT is paid in the member state of the final consumer. The purpose of this is to distribute more fairly tax revenues among EU countries and help member states recoup the estimated €5bn VAT lost on online sales every year.

The commission will also allow member states to apply the same VAT rate to e-publications such as e-books and online newspapers as their printed equivalents removing provisions that excluded e-publications from the favourable tax treatment allowed...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon