Global

Details

  • Service: Tax, Global Indirect Tax, International Executive Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 6/26/2013

EU - VAT on place of supply, tax information proposals  

June 26: The EU Council of Ministers agreed to a draft regulation that would amend the value added tax (VAT) rules on the place of supply of certain services—i.e., telecommunications, broadcasting and electronic services, real estate services, and the distribution of tickets for entry to cultural, artistic, sporting, scientific, educational, entertainment and similar events.

Also, the EU Council—in light of the European Commission proposal for administrative cooperation in the field of direct taxation and for extending the scope for mandatory automatic exchange of information—called for a working group to start technical work on the proposal. The goal would be to enable EU Member States to better address tax fraud and tax evasion.


Read a June 2013 release [PDF 179 KB] from the EU Council.




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