Where businesses keep stock locally to meet customer needs quickly, this may be classed as call-off or consignment stock. The VAT...

On 4th June, the Court of Justice of the European Union issued decision C-430/19, having an impact on the area of practice of tax...

Online marketplaces in the EU (such as Amazon, Ebay etc.) will become responsible for charging and collecting VAT for their non-EU...

Three Month Extension European leaders have approved UK’s request for a three-month extension for Brexit. Donald Tusk, president of the...

Starting with February 1st, 2019, taxable persons opting for the registration for VAT purposes have the obligation to submit the...

EU Member States had to transpose Directive 2016/1065, which introduced new rules in relation to the issuance, transfer and redemption of...

The tax authorities may not refuse a taxpayer the right to deduct input VAT on the sole ground that the purchase invoices contain an...

By the planned acquisition of shares in the target company, potential acquirer’s intention was to provide the target company with...

The period of application of the reverse charge mechanism in relation to operations involving goods and services at risk of fraud was...

Summary The Court of Justice of the European Union has published the reference for a Romanian case (C-291/18) on whether article 148(c)...

Citations: Cartrans Spedition Srl v. Romania; C-495/17 Summary Advocate General Eleanor Sharpston in Cartrans Spedition Srl v. Romania,...

According to Order no. 3604/2015 for the approval of guidelines for the correction of material errors in Value Added Tax returns, VAT...

Where, following a tax adjustment, additional VAT was paid to the Treasury and was the subject of documents rectifying the initial...

Whether one sells through platforms such as Amazon, E-bay or your own website, when selling goods into the European Union one must be...

A single supply consisted of two distinct elements which would be subject to different rates must be taxed solely at the rate applicable...

The EU Commission is preparing for the biggest reform of EU VAT rules in a quarter of a century, in an attempt to crack down on an...

The European Commission has today proposed new rules to give Member States more flexibility to set Value Added Tax (VAT) rates and to...

By letter registered with the Commission on 26 April 2017, Romania requested based on Article 395 of the VAT Directive an authorisation...

Romania could become the only EU member state to enforce the VAT split payment, and this will have a major impact on Romanian companies....

Customs value of defective goods (X BV, C-661/15, 12/10/2017) An importer may adjust the customs value declared upon importation where it...