18/02/2025 (Agence Europe) – At the Economic and Financial Affairs Council on Tuesday 18 February, the European finance ministers adopted the directive and implementing regulation on the electronic value added tax (VAT) exemption certificate. The text met with unanimous political agreement in December (see EUROPE B13542A2). Paper certificates, used when goods are exempt from VAT, will be replaced by an electronic form. This should simplify and rationalise the process for businesses and...