|Author (Corporate)||Council of the European Union|
|Series Title||Official Journal of the European Union|
|Series Details||L 311|
On 4 October 2017 the European Commission presented a proposal for a Directive amending Directive 2006/112/EC (the VAT Directive) as regards harmonising and simplifying certain rules in the VAT system for the taxation of intra-EU trade. The Council of the European Union adopted the new Directive on 4 December 2018.
In April 2016 the Commission adopted the Action Plan on VAT. There the Commission announced, inter alia, its intention to adopt a definitive VAT system for intra-Union cross-border trade based on the principle of taxation in the Member State of destination of the goods in order to create a robust single European VAT area.
This proposal was a step towards replacing the transitional arrangements, applicable since 1 January 1993, by a definitive VAT system for intra-Union business-to-business (B2B) trade under which domestic and cross-border transactions of goods would be treated in the same way.
|Subject Tags||Value Added Tax [VAT]|
|Keywords||Single European VAT Area
|International Organisations||European Union [EU]|