Our specialists help you to maximize savings in finding an optimal VAT position for current or planned business activities.
Value Added Tax, or VAT, is a tax charged on most business-to-business and business-to-consumer transactions in all the countries of the European Union and in a growing number of other countries. The laws establishing the VAT are national laws. In the EU the national laws are framed within certain parameters specified by the EU in Council Directive 2006/112 on the common system of value added tax.
The complexity of the VAT legislation is a growing concern for businesses. Management of VAT and other indirect taxes is a key issue, especially for companies involved in international trade.
Moreover, our Mazars International VAT & Customs Group consists of experienced VAT-specialists, based in the Mazars offices all over Europe. They can assist you with VAT planning and compliance, VAT scans and with local and international advice.
Drastic reform of EU VAT system on the way
On 4 October 2017 the European Commission proposed a drastic reform of the VAT system of the European Union.
New VAT rules for entrepreneurs trading in the EU
A previous update released in 2017 detailed the European Commission's plans to introduce new rules for cross-border deliveries with effect from 1 January 2022.