VATLive > Blog > EU VAT > EU to review VAT reforms - Avalara

EU to review VAT reforms

  • EU VAT
  • 22 May 2018 | Richard Asquith

EU to review VAT reforms

The EU’s meeting of members’ finance ministers, ECOFIN, will convene 24 and 25 May. In addition to reviewing the next seven-year EU budget, the meeting will also review several VAT reforms. These will include:

  • Proposal for an experimental anti-VAT fraud general domestic reverse charge mechanism
  • Reduced VAT rates for e-books to match the rates for published books
  • Administrative cooperation between tax authorities to combat VAT fraud around Eurofisc, Interpol, the European Anti-Fraud Office and Transaction Network Analysis data exchange.
Latest news
Poland delays VAT cut to reform reduced rates
October 22, 2018

Poland’s Ministry of Finance has announced that it will recategorise many supplies to within the current reduced VAT rate category. However, this will mean Poland will not...
Hungary VAT registration threshold HUF 12m Jan 2019
October 17, 2018

Hungary has received permission to introduce an VAT registration threshold for businesses of HUF 12 million from 1 January 2019. This is approximately €48,000, based...
UK MTD pilot goes public; Oct 2019 groups & non-resident delay
October 16, 2018

HMRC announced today that it is opening the test pilot for its Making Tax Digital for VAT programme to the public.  However, HMRC also announced...

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.