Introducing the definitive VAT system for B2B cross-border trade
Value added tax (VAT) is a consumption tax borne by the final consumer. It is an important source of revenue for national governments and the European Union (EU) budget. However, the existing rules governing intra-Community trade are 25 years old and the current common EU VAT system is still ‘transitional’. This framework presents problems such as vulnerability to fraud, compliance costs for businesses and also a heavy administrative burden for national authorities. It is under review along the lines of the April 2016 VAT Action Plan. The reform of the VAT framework towards a definitive VAT system for intra-Community business-to-business (B2B) transactions is planned in several consecutive steps. The first step focuses on B2B transactions in goods, while the second one in services. Directive 2018/1910, adopted on 4 December 2018, was put forward by the Commission in October 2017 as part of the ‘definitive VAT system package'. The directive amends the VAT Directive (Directive 2006/112/EC) so as to introduce the basic features of the definite VAT system for business-to-business (B2B) goods transactions. Second edition of a briefing originally drafted by Ana Claudia Alfieri. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.
Briefing
Относно настоящия документ
Вид публикация
Автор
Ключова дума
- данъчна основа
- данъчна система
- ДДС
- Директива на ЕО
- дистрибутивна търговия
- доставка
- ЕВРОПЕЙСКИ СЪЮЗ
- европейско данъчно сътрудничество
- единен пазар
- изграждане на Европа
- изследване на влияние
- ИКОНОМИКА
- икономически анализи
- маркетинг
- МЕЖДУНАРОДНИ ОТНОШЕНИЯ
- отбрана
- потребление
- право на Европейския съюз
- предоставяне на услуги
- продукти и услуги
- снабдяване с оръжия
- ТЪРГОВИЯ
- търговия в рамките на ЕС
- търговска политика
- ФИНАНСИ
- фискална хармонизация