EXPLANATORY NOTES PUBLISHED BY THE EU COMMISSION ON THE NEW VAT E-COMMERCE RULES

On the 30th of September 2020, the European Commission has published explanatory notes on the new VAT e-commerce rules. The notes are intended to provide an explanation of the amendments to the legislation which will be applicable as from the 1st July 2021. They are based on the views of the Commission’s Directorate-General for Taxation and Customs […]

Written By Stephen Balzan

On October 8, 2020
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On the 30th of September 2020, the European Commission has published explanatory notes on the new VAT e-commerce rules.

The notes are intended to provide an explanation of the amendments to the legislation which will be applicable as from the 1st July 2021. They are based on the views of the Commission’s Directorate-General for Taxation and Customs Union and are therefore not legally binding. However, they contain explanations and clarifications as well as practical examples of scenarios involving e-commerce transactions and are intended to assist businesses in understanding the legislation and their obligations.

For a copy of the explanatory notes, please click here.

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].