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ViDA Feedback from: Confederation of Finnish Industries

General comments – the whole proposal

As a whole, VAT in the Digital Age initiative is a highly welcomed initiative aimed at supporting the functioning of the Single Market as well as reducing the current VAT gap. Whereas the emphasis of the business community is to make the Single Market function more efficiently and the rules to foster growth, we also understand the need to limit the possibilities of the fraudsters to misuse the system in place. We would like to emphasize that the business community is more than willing to share thoughts and ideas about how to make the Single Market work more efficiently.
The proposal takes a long-awaited first step towards aligning the VAT treatment between goods and services in connection with widening the usage of the domestic reverse charge mechanism in Member States.
The Confederation of Finnish Businesses sees this is as a first step forward toward treating the goods similarly to business. Whereas the current VAT  rules makes it possible for the businesses to distinguish between the two, this is no longer in line with the business realities.

Source Confederation of Finnish Industries


Input by other organizations into the public consultation


See also – The Library of VAT in the Digital Age (VIDA)

Join the LinkedIn Group on VAT in the Digital Age (VIDA), click HERE


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