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Europe Daily Bulletin No. 12753

2 July 2021
Contents Publication in full By article 2 / 31
ECONOMY - FINANCE - BUSINESS / Taxation
New VAT rules for e-commerce come into force
Brussels, 01/07/2021 (Agence Europe)

On Thursday 1 July, the new value added tax (VAT) rules for e-commerce, adopted in 2017, came into force (see EUROPE B11919A3). Initially scheduled for 1 January 2021, their application was postponed by six months due to the Covid-19 pandemic (see EUROPE B12533A20).

In concrete terms, what changes for sellers? Firstly, goods worth less than €22 imported into the EU from third countries will no longer be exempt from VAT.

In practice, this exemption was often abused by sellers who...

Contents

ECONOMY - FINANCE - BUSINESS
TAXATION: 130 countries agree on key elements of international tax reform
TAXATION: new VAT rules for e-commerce come into force
INSTITUTIONAL
EU2021SI: Slovenia begins its EU Council Presidency amidst Rule of law problems
BUDGET: MEPs say future guidelines on Rule of law conditionality are unnecessary and counterproductive
EU2021PT: Portuguese Presidency of EU Council has exceeded its objectives for success, according to Pedro Lourtie
SECTORAL POLICIES
AGRICULTURE: European Parliament expects to vote on CAP reform in late October or November
MIGRATION: work progresses in EU Council on conditions for ‘screening’ migrants at EU’s external borders
TERRORISM: latest Europol report reveals terrorism killed 21 people in EU in 2020
DIGITAL: data governance, Portuguese EU Council Presidency proposed to strengthen Member States’ data protection laws
DIGITAL: Joint Cybercrime Unit, European Commission reassures MEPs of Member States’ willingness to help
COHESION: Interreg, European Court of Auditors still regrets shortcomings in implementation and monitoring
ENERGY: MEPs want to speed up deployment of offshore renewables
ENERGY: more than 70 MEPs call on European Commission to ensure 5th PCI list conforms with EU’s climate objectives
ENERGY: European Commission launches public consultation on voluntary bioenergy standards schemes
CIRCULAR ECONOMY: two NGOs report contrasting commitments from EU countries for Single-Use Plastics Directive, which enters into force on 3 July
EU RESPONSE TO COVID-19
BANKS: anticipating credit risk remains priority, says Andrea Enria
HEALTH: Covid-19 certificate, Covax calls for equal treatment of all WHO recognised vaccines
ECONOMY: in March 2021, less than 7% of public emergency aid activated to deal with pandemic paid out
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
MEDIA: MEPs intend to keep up pressure on European Commission for a binding text on SLAPPs
SECURITY - DEFENCE
DEFENCE: EU adopts first European Defence Fund annual work programme
EXTERNAL ACTION
GHANA: further step in implementation of EU-Ghana Interim Economic Partnership Agreement
MOZAMBIQUE: EU humanitarian airlift flight carrying 15 tonnes of aid heading for Cabo Delgado
COURT OF JUSTICE OF THE EU
TAXATION: Court clarifies rules for application of VAT to determine taxable amount of a fraudulent transaction a posteriori
COUNCIL OF EUROPE
MONEY LAUNDERING: Council of Europe calls for reversal of burden of proof to allow confiscation
NEWS BRIEFS
CLIMATE: sanctioned for climate inaction, French government ordered to act within nine months by country’s Council of State
COHESION: four key Cohesion Policy regulations enter into force
DEVELOPMENT: food security and the implementation of all SDGs a priority for the EU and G20 ministers
FUNDAMENTAL RIGHTS: European broadcasting associations fear that controversial Hungarian bill will set “very negative legal precedent”
ENERGY: new EU rules on ecodesign of electric motors come into force
COMPANIES: European trade unions call on Commission to set a date for release of its proposal on due diligence
ETHIOPIA: EU calls for swift implementation of unilateral ceasefire in Tigray as announced by government