On Monday 8 July, the European Commission proposed amending implementing regulation 282/2011 on the common system of value added tax (VAT) to allow for the introduction of an electronic exemption certificate confirming that a transaction qualifies for a specific exemption.
Annex II of the Regulation sets out the paper version of the VAT and/or excise duty exemption certificate, which must be signed by hand. With this amendment, the current paper version will be replaced by the new...