The EU created the concept of the reverse charge mechanism to make it easier for both sellers and buyers to account for the VAT correctly without requiring foreign VAT registrations or having to go through the arduous process of cross-border VAT recovery. Most sales between EU member states will be subject to a reverse charge. Furthermore, there are many instances where the domestic reverse charge rule exists within specific EU member states.
Source: vatglobal.com
Latest Posts in "European Union"
- Delayed EN 16931 Standard Leaves Businesses in Limbo – A Call for Urgent Action
- The EU Commission proposes new collaborative measures in view of ViDA
- How did the EU Member States implemented ”Domestic Reverse-Charge” (Art. 194 of the Directive 2006/112)?
- ECJ/General Court VAT Cases – Pending cases
- ECJ VAT Cases decided in 2025
