Posted in Miscellaneous, Tax Law

EUROPEAN COMMISSION PROPOSES SIMPLIFIED VAT RULES FOR E-COMMERCE SUPPLIES

The proposal contains:

  • a MOSS e-commerce enhancement;
  • simplified VAT-rules for micro-businesses and startups (less that E 10’000 per year is taxed in home country);
  • erasure of the <EUR22 consignment import exemption (for fears of frauds); and
  • optional reduced/zero rate for e-books and e-newspapers (in order to not breach the rule of fiscal-neutrality).

Source

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Junior Legal Counsel with a remarkable lust for legal and business knowledge

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