The European Commission proposed on Monday 12 April to exempt the goods and services that the EU makes available to Member States and citizens in times of crisis from the value added tax (VAT).
With this proposal, the Commission intends to draw from all the lessons learnt from the Covid-19 pandemic, which showed, among other things, that VAT on certain transactions ended up being a cost factor in procurement operations.
The proposal, which takes the form of a Directive amending the ‘VAT...