The current transitional VAT system has been unable to keep pace with the challenges of today’s trade situation, leading to several shortcomings including room for VAT fraud. In an effort to combat these issues and introduce a ‘more modern, robust and simpler’ definitive VAT regime, the European Commission initiated what has been described as the biggest reform of EU VAT rules. As a first step, four measures (‘Quick Fixes’) concerning call-off stock arrangements, chain transactions and the exemption on intra-community supplies shall come into force in all Member States on 1st January 2020. Are you ready for the upcoming changes?
E&S Group in collaboration with Advisory 21 shall be delivering a seminar on the provisions of the Quick Fixes and their impact on businesses and current practices. The seminar shall also provide an overview of the European Commission’s VAT reform plans that have been proposed and/or approved at EU level.
Topic: EU VAT Reform: 2020 Quick Fixes and beyond
Venue: 21 Business Centre, Naxxar
Date: 4th December 2019
Time: 09:00 – 12:00
Lecturer: Antoinette Muscat
Designation: VAT Manager