On 21 January 2022, the European Commission (EC) launched a public consultation on the new legislative package forming part of its plan “VAT in the Digital Age”, namely:  Single VAT registration  Digital Reporting Requirements (DRR) and e-invoicing  VAT treatment of the platform economy   The consultation, that seeks feedback from businesses, academics, Member States and other interested parties, is open until 15 April 2022 and contributions can be submitted at the Commission site .   As menti...

The new business models that have emerged from the widespread use of new technologies, a legacy of the digital revolution that brought about the arrival of information and telecommunications technology in the mid-20th century, have had a disruptive impact on national tax systems, who must face a complex scenario marked by: • New schemes of fraud and emptying of tax bases.• Lack of neutrality (local economy vs relocated companies).• Loss of legal certainty derived from the complexity/lack of adap...

As much publicized in the media, since the 1st July 2021 there is a new scenario of the VAT treatment of the B2C distant sales of goods of companies operating from outside the European Union when selling to final consumers in any of the 27 member states.   This represents a drastic change in the previous existing status quo where most of these sales benefited from the, now eliminated, exemption for small parcels under 22 Euros, which created an unfair competition as regards the European companie...

Uncertainty is the word two weeks before the contemplated deadline for the UK leaving the European Union. It must be remembered that since 1st November 2019, the date when the UK's exit will finally take effect, it will become a "third country”, with two possible scenarios: - Acceptance of the conditions contemplated in the withdrawal agreement reached by both parties the 14th November 2017 would imply a transition period which will last until 31 December 2020 during which EU legislation will ap...

Mediante nota de prensa de 25 de mayo de 2018 la Comisión ha comunicado dos nuevas propuestas legislativas en el marco de la puesta en práctica del denominado “Plan de Acción IVA”, que fuera anunciado en abril de 2016. Con estas propuestas se completa a nivel de proyecto los cambios regulatorios tendentes a poner en práctica los, así denominados, “cuatro pilares” del mencionado Plan de Acción, a saber: Simplificación de cómo se gravan los bienes.Creación de un portal en línea único ('One Stop Sh...