In this Tax Notes International article, you’ll learn all about the potential impact of the sweeping new EU VAT reform and what EU businesses can do to get ahead of these challenges.
Twenty-five years after the creation of the Single Market, companies and consumers still face 28 different VAT regimes when operating cross-border. These changes are much needed with an aim to simplify and modernise the current system. The comprehensive new proposed reforms will have major impacts on tax functions and tax technology, however.
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