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
Sobre este documento
Tipo de publicação
Autor
Domínio de intervenção
Palavra-chave
- análise económica
- cobrança de impostos
- comercialização
- comércio intra-UE
- concurso (UE)
- construção europeia
- dedução fiscal
- direito da União Europeia
- distribuição comercial
- ECONOMIA
- entrega
- estudo de impacto
- FINANÇAS
- fiscalidade
- harmonização fiscal
- instituições da União Europeia e função pública europeia
- INTERCÂMBIOS ECONÓMICOS E COMERCIAIS
- isenção fiscal
- IVA
- matéria coletável
- mercado único digital
- política comercial
- prestação de serviços
- proposta (UE)
- UNIÃO EUROPEIA