The changes include, the reporting of taxable transactions relating to international trade, VAT exemption for the acquisition of goods from another Member State (in certain circumstances), tax base corrections for travel agents and agencies, and adjustment of input VAT on services performed on immovable property. The new EC Sales List template is being introduced to record deliveries under call-off stock simplification as a result of the EU ‘Quick Fixes’ legislation being introduced from 1 January 2020.
Source TPA
