The European Commission plans to evaluate the special VAT scheme applicable to travel agents and tour operators in 2020, according to a roadmap published on Tuesday 4 February.
In 1977, when the sixth VAT Directive was adopted, a special scheme was introduced for travel agents and tour operators because of the specific nature of the profession.
These businesses thus benefit from simplified origin-based taxation, by paying VAT on their profit margin in the Member State where they are...