{"id":2691,"date":"2018-03-14T13:14:30","date_gmt":"2018-03-14T12:14:30","guid":{"rendered":"https:\/\/www.asd-int.com\/?p=2691"},"modified":"2020-06-03T14:18:42","modified_gmt":"2020-06-03T12:18:42","slug":"european-vat-system-awaiting-a-major-reform","status":"publish","type":"post","link":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/","title":{"rendered":"European VAT system awaiting a major reform"},"content":{"rendered":"

The VAT system in the European Union will soon see a\u00a0new reform<\/a>, described by the European Commission as the most important reform in the last 25 years.<\/p>\n

<\/p>\n

It aims to modernise the current VAT system and to create a single European VAT area.<\/p>\n

PROPOSED CHANGES<\/h2>\n

The proposed reform will completely change the VAT system that we know today, here are the main changes :<\/p>\n

VAT charged on cross-border B2B trade<\/strong>\u00a0: the main change proposed concerns the VAT charged on the cross-border trade between companies. Today, the transactions of this type are exempt from VAT, the fact that, coupled with a lack of declarative obligations, opens the door to the VAT fraud. The reform suggests that the VAT is charged on B2B transactions destined at another EU member country and charged at the rate applicable in the destination country.<\/p>\n

One stop shop<\/strong>\u00a0: a unique online portal will be introduced where traders from all EU member countries will be able to make declarations and payments in their own language and according to the law of their own country.<\/p>\n

Destination principle<\/strong>\u00a0: the VAT will be paid to the fiscal authorities in the member state of the final consumer and charged at the rate of the destination country.<\/p>\n

Simplification of administrative formalities<\/strong>\u00a0: companies will no longer be required to file a recapitulative statement\u00a0 and sellers will be allowed to prepare invoices according to the rules of their own country even when doing cross-border transactions.<\/p>\n

Certified Taxable Person<\/strong>\u00a0: a new notion of \u00ab Certified Taxable Person \u00bb has been introduced. Companies corresponding to a list of predefined criteria will be able to apply for a status of a Certified Taxable Person. Having this certificat will mean that the company is trustworthy which in turn will enable it to benefit from simplified rules.<\/p>\n

TEMPORARY SOLUTIONS PUT IN PLACE<\/h2>\n

Four quick solutions will come into force by the end of 2019 in order to improve the functioning of the current VAT system while waiting the arrival of the new one. The new system should come into force in 2022, unanimously approved by all EU member states.<\/p>\n","protected":false},"excerpt":{"rendered":"

The VAT system in the European Union will soon see a\u00a0new reform, described by the European Commission as the most important reform in the last…<\/p>\n","protected":false},"author":36,"featured_media":2693,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[44],"tags":[],"pays":[],"class_list":["post-2691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all"],"yoast_head":"\nEuropean VAT system awaiting a major reform<\/title>\n<meta name=\"description\" content=\"The European Commission is proposing a new reform that will deeply change the current VAT system within the European Union : the VAT will be charged on cross-border B2B trade and the administrative formalities will be simplified.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European VAT system awaiting a major reform\" \/>\n<meta property=\"og:description\" content=\"The European Commission is proposing a new reform that will deeply change the current VAT system within the European Union : the VAT will be charged on cross-border B2B trade and the administrative formalities will be simplified.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/\" \/>\n<meta property=\"og:site_name\" content=\"ASD\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-14T12:14:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-03T12:18:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asd-int.com\/wp-content\/uploads\/2018\/01\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"799\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"No\u00e9mie Almot\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"No\u00e9mie Almot\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/\"},\"author\":{\"name\":\"No\u00e9mie Almot\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#\\\/schema\\\/person\\\/ce2b34c81cda744c0b6ce91648ab367b\"},\"headline\":\"European VAT system awaiting a major reform\",\"datePublished\":\"2018-03-14T12:14:30+00:00\",\"dateModified\":\"2020-06-03T12:18:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/\"},\"wordCount\":353,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asd-int.com\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg\",\"articleSection\":[\"All\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/\",\"url\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/\",\"name\":\"European VAT system awaiting a major reform\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asd-int.com\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg\",\"datePublished\":\"2018-03-14T12:14:30+00:00\",\"dateModified\":\"2020-06-03T12:18:42+00:00\",\"description\":\"The European Commission is proposing a new reform that will deeply change the current VAT system within the European Union : the VAT will be charged on cross-border B2B trade and the administrative formalities will be simplified.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asd-int.com\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg\",\"contentUrl\":\"https:\\\/\\\/www.asd-int.com\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg\",\"width\":1200,\"height\":799},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/european-vat-system-awaiting-a-major-reform\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"ASD Group\",\"item\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"All\",\"item\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/category\\\/all\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"European VAT system awaiting a major reform\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/\",\"name\":\"ASD\",\"description\":\"Simplify your international growth\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#organization\",\"name\":\"ASD Group\",\"url\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asd-int.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Logo-ASD_noir.png\",\"contentUrl\":\"https:\\\/\\\/www.asd-int.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Logo-ASD_noir.png\",\"width\":1054,\"height\":714,\"caption\":\"ASD Group\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/#\\\/schema\\\/person\\\/ce2b34c81cda744c0b6ce91648ab367b\",\"name\":\"No\u00e9mie Almot\",\"url\":\"https:\\\/\\\/www.asd-int.com\\\/en\\\/author\\\/nalmot\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"European VAT system awaiting a major reform","description":"The European Commission is proposing a new reform that will deeply change the current VAT system within the European Union : the VAT will be charged on cross-border B2B trade and the administrative formalities will be simplified.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/","og_locale":"en_US","og_type":"article","og_title":"European VAT system awaiting a major reform","og_description":"The European Commission is proposing a new reform that will deeply change the current VAT system within the European Union : the VAT will be charged on cross-border B2B trade and the administrative formalities will be simplified.","og_url":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/","og_site_name":"ASD","article_published_time":"2018-03-14T12:14:30+00:00","article_modified_time":"2020-06-03T12:18:42+00:00","og_image":[{"width":1200,"height":799,"url":"https:\/\/www.asd-int.com\/wp-content\/uploads\/2018\/01\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg","type":"image\/jpeg"}],"author":"No\u00e9mie Almot","twitter_card":"summary_large_image","twitter_misc":{"Written by":"No\u00e9mie Almot","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/#article","isPartOf":{"@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/"},"author":{"name":"No\u00e9mie Almot","@id":"https:\/\/www.asd-int.com\/en\/#\/schema\/person\/ce2b34c81cda744c0b6ce91648ab367b"},"headline":"European VAT system awaiting a major reform","datePublished":"2018-03-14T12:14:30+00:00","dateModified":"2020-06-03T12:18:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/"},"wordCount":353,"publisher":{"@id":"https:\/\/www.asd-int.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asd-int.com\/wp-content\/uploads\/2018\/01\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg","articleSection":["All"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/","url":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/","name":"European VAT system awaiting a major reform","isPartOf":{"@id":"https:\/\/www.asd-int.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/#primaryimage"},"image":{"@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asd-int.com\/wp-content\/uploads\/2018\/01\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg","datePublished":"2018-03-14T12:14:30+00:00","dateModified":"2020-06-03T12:18:42+00:00","description":"The European Commission is proposing a new reform that will deeply change the current VAT system within the European Union : the VAT will be charged on cross-border B2B trade and the administrative formalities will be simplified.","breadcrumb":{"@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/#primaryimage","url":"https:\/\/www.asd-int.com\/wp-content\/uploads\/2018\/01\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg","contentUrl":"https:\/\/www.asd-int.com\/wp-content\/uploads\/2018\/01\/shutterstock-249745057-d2de4.shutterstock-249745057-e1516092960524.jpg","width":1200,"height":799},{"@type":"BreadcrumbList","@id":"https:\/\/www.asd-int.com\/en\/european-vat-system-awaiting-a-major-reform\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"ASD Group","item":"https:\/\/www.asd-int.com\/en\/"},{"@type":"ListItem","position":2,"name":"All","item":"https:\/\/www.asd-int.com\/en\/category\/all\/"},{"@type":"ListItem","position":3,"name":"European VAT system awaiting a major reform"}]},{"@type":"WebSite","@id":"https:\/\/www.asd-int.com\/en\/#website","url":"https:\/\/www.asd-int.com\/en\/","name":"ASD","description":"Simplify your international growth","publisher":{"@id":"https:\/\/www.asd-int.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asd-int.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asd-int.com\/en\/#organization","name":"ASD Group","url":"https:\/\/www.asd-int.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asd-int.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asd-int.com\/wp-content\/uploads\/2020\/07\/Logo-ASD_noir.png","contentUrl":"https:\/\/www.asd-int.com\/wp-content\/uploads\/2020\/07\/Logo-ASD_noir.png","width":1054,"height":714,"caption":"ASD Group"},"image":{"@id":"https:\/\/www.asd-int.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.asd-int.com\/en\/#\/schema\/person\/ce2b34c81cda744c0b6ce91648ab367b","name":"No\u00e9mie Almot","url":"https:\/\/www.asd-int.com\/en\/author\/nalmot\/"}]}},"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/posts\/2691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/comments?post=2691"}],"version-history":[{"count":0,"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/posts\/2691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/media\/2693"}],"wp:attachment":[{"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/media?parent=2691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/categories?post=2691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/tags?post=2691"},{"taxonomy":"pays","embeddable":true,"href":"https:\/\/www.asd-int.com\/en\/wp-json\/wp\/v2\/pays?post=2691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}