Summary
A proposal to simplify VAT rules and reduce administrative burdens for small enterprises in the EU. 10 02.03.2020
Other
economy
finance
taxation
european union
public administration
business and competition
simplification of legislation
Key points
In force from 01/01/2020
- Reducing the disproportionate administrative and financial burden currently faced by small businesses.
- Extending VAT exemptions to small enterprises that are not established in the Member State where they carry out trade.
- Implementing a digital 'One Stop Shop' portal to allow businesses to register and file VAT returns across different EU countries easily.
- Harmonizing VAT exemption thresholds at the Union level while allowing Member States flexibility through maximum and minimum limits.
Documents (PDFs)
REPORT on the draft Council directive amending Directive 2006/112/EC on the common system of value added tax as regards the special scheme for small enterprises and Regulation (EU) No 904/2010 as regards the administrative cooperation and exchange of information for the purpose of monitoring the correct application of the special scheme for small enterprises
REPORT on the proposal for a Council directive amending Directive 2006/112/EC on the common system of value added tax as regards the special scheme for small enterprises
Common system of value added tax as regards the special scheme for small enterprises *
Common system of value added tax as regards the special scheme for small enterprises *
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