{"id":412604,"date":"2024-12-10T12:43:50","date_gmt":"2024-12-10T11:43:50","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/12\/10\/esenzione-iva-ue-certificato-digitale\/"},"modified":"2024-12-13T12:20:03","modified_gmt":"2024-12-13T11:20:03","slug":"vat-exemption-eu-council-paves-the-way-for-digital-certificate","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2024\/12\/10\/vat-exemption-eu-council-paves-the-way-for-digital-certificate\/","title":{"rendered":"VAT exemption: EU Council paves the way for digital certificate"},"content":{"rendered":"

Brussels –\u00a0The EU is ready for a revolution in VAT declaration. The Ecofin Council approved the directive to introduce and use an electronic certificate for goods exempt from the\u00a0payment of value-added tax, replacing the existing paper certificate<\/strong>.<\/p>\n

The change will not be immediate. There will be a transition period\u00a0with\u00a0both the paper and electronic versions, somewhat like with the\u00a0introduction\u00a0of the euro:\u00a0dual circulation for a phased withdrawal of paper. Compared to the original Commission proposal, the Council shortened and postponed the transition period, originally planned to last four\u00a0years (2026-2030), to only one\u00a0year (2031-2032)<\/strong>. The introduction and approval of the amendment was based on the belief that\u00a0the delayed start date “should help tax authorities spread in time\u00a0the necessary IT developments,” the Hungarian presidency of the EU Council<\/a>\u00a0said.<\/p>\n

The Hungarian\u00a0Minister of Finance, Mihaly Varga<\/strong>, and president-in-office of the Ecofin Council said he was satisfied. “We are taking another modernizing step with this agreement on the electronic VAT exemption certificate, that will put an end to paper certificates to be signed by hand<\/strong>.”\u00a0It will save administrative time and costs.<\/p>\n

Having approved the political agreement, now the technical work remains. The exact electronic format, including the necessary IT specifications, will be discussed in expert groups and determined in Commission implementing acts. From a legal perspective, the agreements will\u00a0go through technical and linguistic checks before being presented to the Council for formal adoption.<\/p>\n

It is another piece of the EU’s work on taxation, VAT, and digitization of the economy. The new common rules against e-commerce fraud will come into force\u00a0from 2030<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ecofin approves rules to replace paper forms from 2032. Now, the technical work to finalize the European standard format and to translate the texts<\/p>\n","protected":false},"author":494,"featured_media":412571,"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":[25746,29973,27557,29969,26204,27892,29573,29970,29971,27900],"class_list":["post-412604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bat","tag-ecofin-en-2","tag-vat-electronics-en","tag-cup-in","tag-fisco-en","tag-iva-en","tag-mihaly-varga-en","tag-taxation-en","tag-taxation"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/412604","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\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=412604"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/412604\/revisions"}],"predecessor-version":[{"id":412693,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/412604\/revisions\/412693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/412571"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=412604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=412604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=412604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}