The EU VAT system – the importance of the “Quick fixes”, simplifications in force as from 1 January 2020
The EU VAT system – the importance of the “Quick fixes”, simplifications in force as from 1 January 2020
Author(s): Ewa Wdowczyk-SzpytmaSubject(s): Law, Constitution, Jurisprudence, Public Finances, EU-Legislation
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: “Quick fixes”;an intra-community supply of goods;an intra-community acquisition of goods;a vat identification numer;chain transactions;a call-off stock;a proof of an intra-community transport
Summary/Abstract: The Article explains in detail how to understand four simplification measures to the current EU VAT system, referred to as “Quick fixes”. They were adopted by the Council on 4 December 2018 and are included in the Council Directive (EU) 2018/1910, the Council Implementing Regulation (EU) 2018/1912 and the Council Regulation (EU) 2018/1909. The adopted solutions cover: 1) the clarification of the material status of the VAT number of the customer in the context of an exempt intra-Community supply; 2) the proof of transport in the context of an exempt intra-Community supply; 3) the chain transactions; 4) the call-off stock arrangements. The Article also provides a short introduction on the way that led to the adoption of these four measures.
Journal: Kwartalnik Prawa Podatkowego
- Issue Year: 2018
- Issue No: 3
- Page Range: 69-92
- Page Count: 24
- Language: English
