More flexible VAT rates
Value added tax (VAT) is an important source of revenue for national governments and the European Union (EU) budget and, from an economic point of view, a very efficient consumption tax. However, the rules governing value added tax as applied to intra-Community trade are almost 30 years old and the current common EU VAT system is both complicated and vulnerable to fraud. Businesses doing cross-border trade face high compliance costs and the administrative burden of national tax administrations is also excessive. In January 2018, the European Commission adopted a proposal to amend Directive 2006/112/EC (the VAT Directive) and reform the rules by which Member States set VAT rates. Whilst the Commission's proposal was heavily amended, the Council adopted a revision to the VAT rate-setting rules in April 2022, modernising the list of products to which non-standard VAT rates can be applied, and in particular bringing the rules closer in line with the wider objectives of the EU (EU Green Deal, digitalisation, health). Third edition of a briefing originally drafted by Ana Claudia Alfieri. 'EU legislation in progress' briefings are updated at key stages throughout the legislative procedure.
Briefing
Informazioni sul documento
Tipo di pubblicazione
Autore
Settore di intervento
Parole chiave
- analisi economica
- armonizzazione fiscale
- base imponibile
- commercializzazione
- concorso (UE)
- consegna
- costruzione europea
- detrazione fiscale
- diritto dell'Unione europea
- distribuzione commerciale
- ECONOMIA
- esazione delle imposte
- esenzione fiscale
- FINANZE
- fiscalità
- istituzioni dell'Unione europea e funzione pubblica europea
- IVA
- mercato unico digitale
- politica commerciale
- prestazione di servizi
- proposta (UE)
- SCAMBI ECONOMICI E COMMERCIALI
- scambi intra UE
- studio d'impatto
- UNIONE EUROPEA