Europe

Nearly a year after the introduction of a wave of EU VAT reforms, our latest research shines a spotlight on an economic deficit of £47.6bn in 2021....Continued

From July 1, 2021, VAT exemption for low value imports into the EU’s 27 countries was removed. VAT is now due on all sales of goods into the EU....Continued

The “Journée de la Facture Électronique 2022”, brought together a number of stakeholders including representatives from the DGFiP, businesses and e-invoicing solution providers.We have summarised five...Continued

More and more countries globally are implementing mandatory e-invoicing or digital reporting requirements. The requirements differ significantly between countries....Continued

At Tamebay Live 2022, Avalara experts joined senior specialists from leading marketplaces and vendors, to share the latest sector trends and industry insight....Continued

On December 14, 2021, a new law was published in Luxembourg’s Official Journal which will make it compulsory for businesses involved in public contracts to issue electronic invoices to the Government....Continued

The majority of countries with a VAT or GST regime require tax invoices to have a unique sequential number. ...Continued

It’s now been six months since the EU introduced major changes to how low-value goods shipped from outside the EU to European consumers were taxed. ...Continued

The European Commission’s “VAT in the Digital Age” initiative is a response to the digitalisation of the economy and the new challenges that this poses to European tax authorities and the EU VAT syste...Continued

The European Commission has released the results of its latest “VAT Gap” study, quantifying the amount of VAT that should have been collected by national tax authorities but was not....Continued