Towards the End of Reduced VAT Rates in Europe?
The European Commission is questioning the effectiveness of reduced VAT rates across the EU. Which sectors could be impacted in the future? BTOBNICE analysis.
TOMS VAT Scheme: Standstill Clause Confirmed for Non-EU Travel (CJEU T-221/25)
The CJEU confirms that EU Member States may continue taxing travel services outside the EU under the TOMS VAT scheme. Key insights on the standstill clause and VAT risks for international businesses.
European VAT Refund: Deadline of September 30
Companies incurring business expenses in different EU member states may be eligible for a foreign VAT refund. This tax-back opportunity can be a real lever for improving cash flow. The annual deadline for claiming back […]
European VAT : Parliament Approves the Reform
The European Parliament approved this week the reform of the VAT in the Digital Age.
E-commerce and Excise Duties : EU Court’s Ruling
The recent ECJ ruling of 19 December 2024 in case C-596/23 underscores the impact of transport facilitation by vendors on their tax liabilities for the cross-border sale of excise goods to individuals. Similar to EU […]
Electronic VAT exemption certificate
Approval of the electronic VAT exemption certificate within the European Union.
VIDA package approval on November 5, 2024
The EU reform of the VAT in the digital age has been approved by ECOFIN on this Tuesday, November 5. ➡️ The 27 EU member states have finally reached a compromise, under the presidency of […]
VAT reform in the EU : VIDA approval delayed
The vote of the ECOFIN on the European VAT reform was expected on Tuesday 14/05. Blocked by one of the member states, the reform will need a new agreement. The updated version of the reform […]
VAT recovery in Europe : non-EU companies urged to claim VAT by June 30
The 13th European Directive entitles companies established outside the EU to claim back the VAT paid on business related expenses. The VAT refund can be granted to companies fulfilling specific requirements : Difficulties Even though […]
Major EU VAT fraud : estimated amounts for 2023
Published on 01/03/2024, the annual report of the European Public Prosecutor’s Office (EPPO) estimates €11.5 billion financial damage linked to the cross-border EU VAT fraud, with 339 active investigations. This amount represents a significant increase compared […]
