Latest VAT news
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- European Union (40)
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European Union
European Parliament agrees with VAT exemption SME’s
The European Parliament voted on Wednesday Jan 15, 2020 by a large majority in favour of a simplification of the VAT rules for SMEs. Businesses
17/01/2020
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01/10/2020
European Union
Are you ready for the VAT ‘quick fixes’ of 2020 ?
The EU VAT regime applicable to cross border supplies of goods is complex and insecure. It is due to undergo huge reforms over the next
13/01/2020
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01/10/2020
World
New Incoterms 2020: what changes should you take into account?
On September 10th 2019, new Incoterms were published by the International Chamber of Commerce (ICC). Although the substance of the Incoterms has not changed considerably,
13/12/2019
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01/10/2020
Romania
Romania reduces VAT rate for tourism industry
As from 1 November 2018 Romania reduces the VAT rate to 5% for: accommodation in the hotel sector or similar service sectors, including rental of
31/10/2018
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01/10/2020
European Union
EU Council adopts several VAT measures
On 2 October 2018 the European Council adopted several changes to the VAT legislation. Quick Fixes A first directive will implement some short term quick
02/10/2018
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01/10/2020