EU advances VAT reform
- Nov 9, 2016 | Richard Asquith
The European Council has adopted this week a range of recommendations from the European Commission on some of the reforms from the VAT Action Plan.
- Member states should move towards harmonization of the VAT treatment of consignment and call off stock and VAT registrations
- Customer EU VAT numbers should be considered as a substantive requirement to apply zero-rating on B2B intra-community supplies