Réaliser la société de la connaissance : Mettre en place des conditions favorables au commerce electronique
The Commission proposes to improve the Value Added Tax (VAT) environment for e-commerce businesses in the EU. These proposals will allow consumers and companies, in particular start-ups and SMEs, to buy and sell goods and services more easily online.
Unlocking e-commerce in Europe and the creation of a Digital Single Market are among the top priorities of the Juncker-Commission.
By introducing an EU-wide portal for online VAT payments (the ‘One Stop Shop’), VAT compliance expenses will be significantly reduced, saving businesses across the EU €2.3 billion a year.
The new rules will also ensure that VAT is paid in the Member State of the final consumer, leading to a fairer distribution of tax revenues amongst EU countries.
These proposals would help Member States to recoup the current estimated €5 billion of lost VAT on online sales every year. Estimated lost revenues are likely to reach €7 billion by 2020 if no action is taken.
In particular, the Commission proposed:
These legislative proposals will now be submitted to the European Parliament for consultation and to the Council for adoption.
Funding will support Quantum Art in reaching a 1,000-qubit commercial platform and global expansion Quantum…
Hud automatically captures live service and function-level data from production- providing the missing context for…
General Atlantic leads round valuing company at $800M as Port tackles the 90% of developer…
Prime’s new platform accelerates development with automated security reviews and full visibility into design-level risks…
Safebooks Inc., the pioneer in Financial Data Governance, today announced its emergence from stealth and…
AWS integrates NVIDIA NVLink Fusion into its custom silicon, including the next-generation Tranium4 chip, Graviton…