Starting with 1 January 2020, a series of measures which address cross-border supplies of goods have entered into force at European level (EU Directive 2018/1910 and EU Regulation 2018/1912). These measures refer to:
i) the harmonisation of the documents required for intra-community supplies, with rules being implemented in order to apply the VAT exemption;
ii) the treatment applicable to chain supplies, where the VAT exempt supply would be the one made to the intermediary (as a general rule);
iii) harmonisation of the simplification measures applied across all Member States for call-off stock arrangements.
EU Directive 2018/1910 amending Directive 2006/112/EC as regards the harmonisation and simplification of certain rules in the value added tax system for the taxation of trade between Member States is still to be transposed into national legislation and a draft law has been published by the tax authorities in this respect.
EU Regulation 2018/1912 amending Implementing Regulation (EU) No 282/2011 as regards certain exemptions for intra-Community transactions is already directly applicable.
As these changes regarding VAT may have a significant impact on taxpayers’ activities, our tax team is available to provide required assistance.
