|Author (Corporate)||European Commission: DG Communication|
|Series Title||Press Release|
|Series Details||IP/16/4010 (01.12.16)|
The European Commission unveiled on 1 December 2016 a set of measures to improve the Value Added Tax (VAT) environment for e-commerce businesses in the European Union.
The proposals include the introduction of an EU wide portal for online VAT payments (the 'One Stop Shop') and the ability for member states to apply the same VAT rate to e-publications such as e-books and online newspapers as for their printed equivalents.
This package embraces a new approach to VAT for e-commerce and follow-up on the commitments made by the European Commission in the Digital Single Market (DSM) strategy and the Action Plan towards a single EU VAT area.
|Subject Categories||Business and Industry, Culture Education and Research, Taxation|
|Countries / Regions||Europe|