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
Dokumendi info
Väljaande liik
Autor
Poliitikavaldkond
Märksõna
- digitaalne ühtne turg
- ELi institutsioonid ja Euroopa avalik teenistus
- ettepanek (EL)
- Euroopa ehitamine
- Euroopa Liidu õigus
- EUROOPA LIIT
- KAUBANDUS
- kaubanduspoliitika
- konkurss (EL)
- käibemaks
- liidusesisene kaubandus
- MAJANDUS
- majandusanalüüs
- maksubaas
- maksude kogumine
- maksude kooskõlastamine
- maksustamine
- maksuvabastus
- maksuvähendus
- mõju uuring
- RAHANDUS
- tarne
- teenuste pakkumine
- turundus
- turustamine