Pending introduction of the new VAT system, four short-term ‘quick fixes’ will be made regarding the VAT aspects of trade between the member states. Discussions are ongoing on a definitive VAT system to replace the current ‘transitional’ VAT arrangements, which have been applied since 1993. Continue reading
Tax & Legal
In 2016 the Supreme Tax Court rejected the tax administrations opinion on the VAT treatment of call-off stocks as opposed to consignment stock. Continue reading