Press Release: VAT Action Plan: Commission presents measures to modernise VAT in the EU

Author (Corporate)
Series Title
Series Details IP/16/1022 (07.04.16)
Publication Date 07/04/2016
Content Type

The European Commission presented on 7 April 2016 an Action Plan setting out ways to reboot the current EU VAT system to make it simpler, more fraud-proof and business-friendly.

The Action Plan set out a pathway to modernise the current EU VAT rules, including:

+ Key principles for a future single European VAT system;

+ Short term measures to tackle VAT fraud;

+ Update the framework for VAT rates and set out options to grant Member States greater flexibility in setting them;

+ Plans to simplify VAT rules for e-commerce in the context of the Digital Single Market (DSM) Strategy and for a comprehensive VAT package to make life easier for SMEs.

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Related Links
European Commission: DG Communication: RAPID: MEMO/16/1024, 07.04.16: Action Plan on VAT: Questions and Answers
European Commission: DG Communication: RAPID: SPEECH/16/1302, 07.04.16: Speech by Commissioner Pierre Moscovici on the adoption of the VAT Action Plan
EUObserver, 07.04.16: EU commission takes on VAT fraud
EurActiv, 07.04.16: Commission revolutionises VAT to tackle fraud

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