- Council reached political agreement on introducing electronic VAT exemption certificate
- New directive aims to replace paper-based certificate with digital version
- Electronic certificate applies to goods exempted from VAT for embassies, international organizations, armed forces
- Amendments limit mandatory use to cases involving two Member States without exemptions via refunds
- Member States have one-year transitional period to adapt systems
- Agreements to undergo technical and linguistic reviews before formal adoption
- Simplifies tax procedures, reduces costs, and administrative burdens for businesses
- Enables use of advanced electronic signatures and aligns with digital administrative systems
- Increases flexibility, reduces costs, and improves VAT exemption management across EU
- Commission presented proposals on July 8, 2024, Council agreed following European Parliament’s opinion on November 13, 2024
Source: tra.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
