it is customary for 3 consecutive Council Presidency holders to coordinate their programmes and priorities to ensure consistency and continuity. Spain, Belgium and Hungary hold the Presidencies for the next 18 months (6 months each), and on 20 June, published their joint programme of priorities.
On tax, the programme states that “the trio will take forward the transposition into EU law of the OECD framework on the reform of international taxation”. The trio will also prioritise efforts “to modernise and simplify the common VAT system by embracing digitalisation, and on work aimed at closing the VAT gap”.
Source data.consolium.europa.eu
Latest Posts in "European Union"
- Transfer Pricing Adjustments and VAT Implications: Impact of Recent CJEU Decisions
- VAT Treatment of Loyalty Points in Lyko’s Scheme: Not Classified as Vouchers, Says AG Kokott
- Impact of New EU VAT Framework on Italian Distance Sales and Imported Goods
- CJEU to Rule on Danish VAT Group Ownership Law Compatibility with EU Directive
- EU Mandates Textile EPR: Brands Must Adapt to New Waste Framework Directive
