| Author (Corporate) | Council of the European Union |
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| Series Title | Official Journal of the European Union |
| Series Details | L 311 |
| Publication Date | 07/12/2018 |
| Content Type | Legislation |
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Summary: On 4 October 2017 the European Commission presented a proposal for a Directive amending Directive 2006/112/EC (the VAT Directive) as regards harmonising and simplifying certain rules in the VAT system for the taxation of intra-EU trade. The Council of the European Union adopted the new Directive on 4 December 2018. Further information: In April 2016 the Commission adopted the Action Plan on VAT. There the Commission announced, inter alia, its intention to adopt a definitive VAT system for intra-Union cross-border trade based on the principle of taxation in the Member State of destination of the goods in order to create a robust single European VAT area. This proposal was a step towards replacing the transitional arrangements, applicable since 1 January 1993, by a definitive VAT system for intra-Union business-to-business (B2B) trade under which domestic and cross-border transactions of goods would be treated in the same way. |
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| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2018.311.01.0003.01.ENG |
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| Subject Categories | Taxation |
| Subject Tags | Value Added Tax [VAT] |
| Keywords | Single European VAT Area |
| International Organisations | European Union [EU] |
