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European Council reaches agreement on updated rules for VAT rates

The European Council reached agreement on a proposal to update EU rules on rates of value added tax (VAT). The new rules reflect member states’ current needs and the ... Read More

EU VAT Rates Stabilizing, Ending Upward Trend

Just one EU member state has increased its headline VAT rate since 2014, indicating that states are no longer looking to VAT to fund other growth-friendly reforms, as had ... Read More

EU Criticizes France’s Inefficient VAT System

The European Commission has released a paper recommending improvements to France’s “inefficient” value-added tax system, including that the country do away with broadly applying reduced VAT rates. The paper ... Read More

Greece, Troika Talking Through Single VAT Rate

Greece is under pressure to adopt a single rate of value-added tax, in ongoing talks with the troika of international lenders. The International Monetary Fund has proposed that Greece ... Read More

EU Clarifies Digital VAT Proposals

The European Commission has released more detail on its value-added tax proposals under its new Digital Single Market Strategy. The Commission previously confirmed it will legislate in 2016 to ... Read More
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