| Author (Corporate) | European Commission |
|---|---|
| Series Title | COM |
| Series Details | (2017) 566 final (11.10.17) |
| Publication Date | 04/10/2017 |
| Content Type | Policy-making, Report |
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Background and further information: This Communication reports on the actions taken thus far since the release of the VAT Action Plan in April 2016. That plan outlines the need to put in place a single European VAT area that could cater for the challenges brought by the 21st century. A set of measures were announced in order to update the EU VAT system, aiming to adapt the VAT system to the global, digital and mobile economy, to support the needs of SMEs, to provide for an adequate rates policy, to put an end to cross-border fraud and to help Member States closing the VAT gap. The document put forward in October 2017 assesses progress regarding that Action Plan and sets out the steps forward, including a set of legislative initiatives: + Proposal amending Regulation No 282/2011 as regards exemptions for intra-Community transactions; + Proposal amending Regulation No 904/2010 as regards the certified taxable person. The European Commission published on 4 October 2017 a Communication following up on the Action Plan to reboot the European Union's VAT system. The document was put forward together with a legislative package on this matter. |
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| Source Link | http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52017DC0566 |
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| Subject Categories | Taxation |
| Countries / Regions | Europe |
