{"id":402341,"date":"2024-11-05T12:46:10","date_gmt":"2024-11-05T11:46:10","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/11\/05\/iva-ue-e-commerce-2030-regole-anti-frodi\/"},"modified":"2024-11-11T15:48:28","modified_gmt":"2024-11-11T14:48:28","slug":"vat-eu-launches-e-commerce-crackdown-new-anti-fraud-rules-from-2030","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2024\/11\/05\/vat-eu-launches-e-commerce-crackdown-new-anti-fraud-rules-from-2030\/","title":{"rendered":"VAT: EU launches e-commerce crackdown: new anti-fraud rules from 2030"},"content":{"rendered":"

Brussels –\u00a0Internet and online shopping, the EU launched an anti-tax fraud clampdown. The economic ministers of the 27 member states, meeting in the Ecofin Council, approved a VAT package in the digital age to regulate a market that is still too full of grey areas. It introduced three main changes: by 2030, reporting on additional value-added tax data will have to be mandatory and digital for transactions between member states; online transportation platforms such as Uber or short-stay accommodation such as Airbnb will have to charge consumers VAT and turn it over to the Treasury; make all national tax systems inter-operational by 2035, to make up for structural ‘gaps’ that are all-Europeans.<\/p>\n

“After almost two years of negotiations, the Council has reached an agreement on the VAT package,” Mihaly Varga, <\/strong>Hungary’s finance minister and president-in-office of Ecofin, exults.” It is a significant achievement representing “a milestone for the digital transition and a significant step in improving the EU’s competitiveness,” he stressed.<\/p>\n

Commission estimates identify total losses of 61 billion euros due to failure to collect VAT<\/a>.\u00a0The funds could help finance the economic recovery or put state budgets in order. Ecofin ministers believe that with new rules on electronic invoicing, real-time data reporting, and tighter\u00a0absolute freedom of platforms, the VAT package will counter tax fraud by reducing it.<\/p>\n

The vote concludes a nearly two-year process. The Commission presented the legislative proposals on Dec. 8, 2022. At the end of a complicated negotiation phase that closed through a compromise on the digital economy, the EU now has new tools. The Council provided member states with greater flexibility<\/strong> by expanding the definition of ‘short-term rental of accommodation for tax purposes’ and allowing member states to exempt small and medium-sized enterprises (SMEs) from the rules for considered suppliers. The Council also agreed on a short transition period for suppliers to apply the rules.<\/p>\n

“Today\u2019s agreement makes life easier for taxpayers, tackles fraud and promotes fair competition”, stressed Paolo Gentiloni<\/strong>, EU commissioner for Economy. “These new VAT rules strengthen our ability to harness the opportunities of digitalisation, while addressing some of its challenges, moving us toward a fairer and more competitive Europe”.<\/p>\n","protected":false},"excerpt":{"rendered":"

Platforms such as Airbnb and Bolt forced to charge the tax to customers, and then turn it over to national exchequers. In five years, mandatory real-time digital billing<\/p>\n","protected":false},"author":493,"featured_media":245040,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[25746,29571,27023,27072,26204,27892,29573,25883,26132,29586,29572,29574],"class_list":["post-402341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-economy-digital-en","tag-e-commerce-en","tag-council-ue-en","tag-cup-in","tag-fisco-en","tag-iva-en","tag-paolo-gentiloni-en","tag-platforms-en","tag-tax","tag-evasione-fiscale-en","tag-vat-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/402341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/493"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=402341"}],"version-history":[{"count":6,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/402341\/revisions"}],"predecessor-version":[{"id":402488,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/402341\/revisions\/402488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/245040"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=402341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=402341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=402341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}