Type: Legislation Proposal Overview The rapid growth of e-commerce has necessitated adaptations to the value-added tax (VAT) system to ensure seamless and secure transactions between customers and sellers. In 2021,...
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Type: Draft Legislation The EU European Commission’s Customs Union 2028 reforms have introduced the ‘Deemed Importer’ model, impacting businesses using the Import One-Stop Shop (IOSS) from March 2028. The reforms...
Type: Legislation Proposal In order to fund the €800 million post-pandemic economic recovery and green and digital transformation plans for the EU, the European Parliament has supported a report calling...
Type: Legislation The European Commission’s “VAT in the Digital Age package” (ViDA), which was announced on December 8, 2022, aims to modernize EU VAT regulations further and change how firms...
Type: Review The European Commission’s VAT Committee recently released a review discussing the VAT implications for NFTs within the EU. The report aims to provide clarification on the rapidly evolving...
Type: Legislation and Regulation Mandatory e-invoicing will be required for all intra-community supplies, adhering to the European e-invoicing standard (EN 16931), utilizing structured formats like XML, UBL, and PDF/A3. Additional...