VATupdate

Share this post on

Proposal for Digital VAT Exemption Certificates in the European Union: Streamlining Processes by Going Paperless

  • European Commission proposing shift from paper to digital VAT exemption certificates
  • Aim is to modernize system and reduce administrative burdens for businesses
  • EU member states required to implement new digital rules by July 2026
  • Transition period allows use of paper certificates until June 2030
  • Feedback from consultation will inform legislative process
  • Comments on proposal accepted until September 13, 2024

Source: globalvatcompliance.com

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.

Sponsors:

VAT news

Advertisements:

  • vatcomsult