Definitive VAT Regime: Ready for the Next Step?
Since the European Commission presented the outlines of the definitive VAT system for intra-EU trade in October 2017 a lot has happened. The European Commission released the accompanying proposals on VAT rates, SMEs and administrative cooperation in December 2017 and January 2018. In May 2018 the European Commission tabled a proposal on the detailed implementation of the definitive VAT system. The quick fixes and the regulation on administrative cooperation were adopted by EU Member States. In this article the authors analyse these (adopted) proposals and provide critical comments