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The EU Council issues its VAT priorities for 2018

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Date07 Feb 2018
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The Presidency of the Council of the EU, which is held in Bulgaria for the first half of 2018, has issued its priorities for indirect tax.

These comprise of:

  • Implementing the Norwegian agreement on administrative co-operation on VAT;
  • Approving a long-term minimum standard VAT rate for all Member States;
  • Settlement on the four simplifications for cross-border supplies of goods, and the establishing the Certified Taxable Person process;
  • Developing proposals for reduced foreign VAT compliance requirements for SME’s.
  • Ongoing debate on freeing of control on setting reduced VAT rates by Member States;

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