Country Briefs

TAX MAG: VAT news in Europe

Keep up with the latest Intra-Community and European VAT news, decoded by our experts.

Focus: Country Briefs

Netherlands: Rate Increases for Certain Goods and Services

Effective January 1, 2026, the Dutch government will increase the VAT rate from 9% to 21% on the following categories: Cultural and sports services, including access to museums, concerts, sports facilities, and similar venues Import and sale of artwork, collectibles, and antiques. Books, including e-books, as well as newspapers and magazines. Accommodation services, including hotels,...
Country Briefs
4 November 2024

Slovakia: proposed changes to VAT rates

On September 18, 2024, the Slovak government approved legislative proposal introducing various tax measures, one of which includes a change in VAT rates : The standard rate is raised from 20% to 23%. Two reduced rates: 19% (formerly 10%) and 5% (unchanged) Specific details concerning the goods or services subject to these reduced rates have...
Country Briefs
23 September 2024

E-invoicing – Factur-X and ZUGFeRD 2.3 are identical

Germany and France have decided to implement a unified electronic invoice format through Factur-X and ZUGFeRD 2.3. This initiative is designed to simplify and enhance the security of commercial transactions between the two countries, ensuring a consistent legal and technical framework on both sides of the border.
Country Briefs
18 September 2024

Denmark – E-invoicing on July 1, 2024

Starting from the next accounting period, electronic invoicing becomes mandatory for medium and large companies that have chosen accounting software certified by the Danish tax administration (“erhvervsstyrelsen”).
Country Briefs
6 September 2024

Romania – E-invoicing on July 1, 2024

Since July 1, 2024, all Romanian companies are required to use e-invoicing for all their operations. Invoices must be issued via the public platform RO-eFactura. Invoices can either be entered directly on the platform or created using invoicing software that complies with the formats authorized by RO-CIUS specifications, in accordance with the EN16931 standard, and...
Country Briefs
4 September 2024

Germany – Obligation to receive electronic invoices from January 1, 2025

The Wachstumschancengesetz was passed by both German parliamentary chambers on March 22, 2024. The obligation to issue BtoB electronic invoices will be introduced in two waves: From January 1, 2027 for companies with sales in excess of €800,000. From January 2028 for companies with sales of less than €800,000. However, the obligation to receive BtoB...
Country Briefs
27 June 2024

Luxembourg – Clarification of the concept of partial exemption

In decision no. 2024TALCH14/00058 , the 14th Chamber confirmed the position of the 3rd Chamber and the AEDT. A company is automatically classified as a partial taxable person if it carries out both traditional economic activities subject to VAT and holds shares in various subsidiaries without interfering in their management (activities outside the scope of...
Country Briefs
3 June 2024
VAT Updates per Month
Newsletter

NEWSLETTER

Receive European VAT updates straight in your mailbox.
We always respect your privacy