On Tuesday 10 December, the Ecofin Council reached a political agreement (general approach) on the revised Regulation as regards the electronic value added tax (VAT) exemption certificate (see EUROPE B13537A16).
“As part of the EU’s efforts to update VAT systems, I’m glad that after the VIDA package last month, we are taking another modernising step with this agreement on the electronic VAT exemption certificate, that will put an end to paper certificates to be signed by hand”,...