The 2023 EU VAT Gap Report, recently published by the European Commission, demonstrates that the VAT gap narrowed again in 2021, continuing the trend that began in 2013. In this article, we look at ...

Since 2015, the European Union has been gradually implementing a series of reforms designed to create a Digital Single Market across the EU. In setting its reform agenda, the European Commission ...

LUXEMBOURG, April 7 (Reuters) - EU trade commissioner Maros Sefcovic said on Monday that the European Union would not change its VAT system, which he described as an important source of income for ...

The European Union's "VAT in the Digital Age" (ViDA) reform package, approved by the ECOFIN Council on November 5, 2024, is set to bring major updates to the EU VAT system. For businesses outside the ...

The Tax Authority has placed the management of the new VAT system entirely in the hands of the American company FAST ...