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European Commission released VAT in the Digital Age and Directive on Administrative Cooperation (DAC8)

The European Commission has today proposed (i) a series of measures to modernise and make the EU’s Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalization; and (ii) new tax transparency rules for all service providers facilitating transactions in crypto-assests for customers resident in the European Union.

Further details are available in the press material online:

A) VAT in the Digital Age

B) Directive on Administrative Cooperation (DAC8)

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