The standard VAT return we have proposed today will eliminate this problem, by replacing the 28 diverse national systems with a simple and uniform EU approach”, Šemeta said on Wednesday (23 ...

You can use one VAT form, for example, for multiple tools you buy from a department store. Additionally, one VAT form can be used for multiple receipts totaling less the €2,499 from the same vendor.

Previously, manufacturing firms could not submit VAT returns directly from their ERP (Enterprise Resource Planning, that many offices use) systems ...

The proposal to implement a generalized reverse charge VAT mechanism as a solution to Romania’s VAT collection gap may result ...

On 22 June 2018, the Council adopted a directive making the 15% minimum standard rate a permanent feature of a new VAT system. The minimum standard rate prevents excessive divergence in VAT rates in ...

To shop tax-free, you’ll need to spend at least 175 euros (about $196 USD) on your purchase, present your passport and fill out a Global Blue VAT refund form to process at the airport.