| Author (Corporate) | European Commission |
|---|---|
| Series Details | COM (2018) 812 |
| Publication Date | 12/12/2018 |
| Content Type | Policy-making |
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Summary: On 12 December 2018 the European Commission presented a proposal for a Council Directive amending Directive 2006/112/EC (the VAT Directive) as regards introducing certain requirements for payment service providers, accompanied by a proposal for a Council Regulation amending Regulation (EU) No 904/2010 as regards measures to strengthen administrative cooperation in order to combat VAT fraud. Further information: In December 2017 the Council adopted Directive (EU) 2017/2455 (the VAT e-commerce Directive), amending the VAT Directive. This Directive introduced new VAT obligations for online marketplaces and new simplifications to help businesses comply with VAT obligations for supplies of services, distance sales of goods and imports, including electronic VAT registration and VAT payment through the One Stop Shop. These measures will strengthen VAT compliance by simplifying the VAT system, but tax authorities still need to be able to detect and control fraudulent businesses. At present, this is a challenge for tax authorities. If the compliance simplifications are not accompanied by anti-fraud measures, fraudsters will have little incentive to change their attitude and start complying with VAT obligations. Thus, the success of compliance measures in e-commerce also depends on the effectiveness of anti-fraud measures, which must be developed in parallel. The present proposals seek to solve the problem of e-commerce VAT fraud by strengthening the cooperation between tax authorities and payment service providers. |
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| Source Link | https://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2018:812:FIN |
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| Subject Categories | Taxation |
| Subject Tags | Value Added Tax [VAT] |
| International Organisations | European Union [EU] |
