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
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Tipo de publicación
Autor
Ámbito político
Palabra clave
- análisis económico
- armonización fiscal
- ASUNTOS FINANCIEROS
- base imponible
- comercialización
- concurso (UE)
- construcción europea
- deducción fiscal
- Derecho de la Unión Europea
- distribución
- ECONOMÍA
- entrega
- estudio de impacto
- exención fiscal
- fiscalidad
- instituciones de la Unión Europea y función pública europea
- INTERCAMBIOS ECONÓMICOS Y COMERCIALES
- intercambios intra-UE
- IVA
- mercado único digital
- política comercial
- prestación de servicios
- propuesta (UE)
- recaudación de impuestos
- UNIÓN EUROPEA