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Europe Daily Bulletin No. 12588

24 October 2020
Contents Publication in full By article 16 / 33
ECONOMY - FINANCE - BUSINESS / Taxation
European Commission wants to review VAT regime for financial and insurance services
Brussels, 23/10/2020 (Agence Europe)

As set out in its July Action Plan (see EUROPE B12528A2), the European Commission intends to present a legislative package at the end of 2021 to change the value added tax (VAT) rules with regard to the treatment of financial and insurance services, according to a roadmap published on Thursday 22 October.

In the Commission’s view, the rules need to be revised as they date from 1977 and have become largely obsolete. It is also a question of dealing with the implications of the 2017 rulings...

Contents

SECTORAL POLICIES
EUROPEAN PARLIAMENT PLENARY
SECURITY - DEFENCE
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
COUNCIL OF EUROPE
NEWS BRIEFS
CALENDAR
CALENDAR EXTRA