EURACTIV PR

An easy way of publishing your relevant EU press releases.

New VAT rules are good news for online businesses – EU member states should endorse them, say S&Ds

Date

01 Dec 2016

Sections

Euro & Finance

S&D Euro MPs today welcomed the VAT rules proposed by the European Commission to make life easier for e-commerce and online businesses in the EU, and called on EU member states to support them.
 
S&D Group spokesperson on economic, financial and tax issues Pervenche Berès said:
 
"It is clear that the VAT rules had to be modernised in order to respond to the needs of the digital economy and the increased complexity of business structures in the EU.
 
"These proposals will simplify VAT rules for start-ups and micro-businesses selling online. The VAT one-stop shop for e-commerce will help to increase compliance. It will reduce compliance costs as well as reducing VAT fraud, estimated at €5 billion in lost VAT on online sales every year.
 
"We are pleased that the Commission is taking action against fraud coming outside from the EU. It is crucial to ensure fair competition with our external competitors.
 
"We also welcome the Commission’s proposal to allow member states to harmonise VAT rates on e-publications such as e-books and online newspapers. This was a request from the European Parliament and once the proposal is adopted by the member states it will bring equity with taxes on printed publications.”
 

 

Jobs

Bundesverband der Deutschen Industrie e.V. (BDI)
Referentin/Referent (w/m/d)
Friends of the Earth Europe
Corporate Accountability Campaigner
Eastern Partnership Civil Society Forum (EaP CSF)
Index Internship
Green European Foundation
Outreach and Communications Manager
Green European Foundation
Fundraiser
Institutional Shareholder Services Belgium SA
Internship (Corporate Governance Data Procurement)
Green European Foundation
Project Coordinator
European Centre for International Political Economy
Research Assistant (Trade & Digital Policy)