- From 1 January 2025, new VAT rules will apply to virtual events in the EU.
- The changes will affect the place of supply for B2C virtual events, potentially increasing the VAT burden for businesses.
- The rules will be implemented in the Netherlands and on an EU level. Previously, VAT for virtual events was based on the recipient’s status or the provider’s location.
- However, from 1 January 2025, VAT for certain B2C virtual events will be due in the Member State where the consumer is located.
- These changes may have significant financial and administrative implications for businesses providing virtual events.
Source PwC