European Parliament's new directive mandates online platforms to pay VAT, enhancing fairness and compliance.
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Member states will recoup €11 billion in lost VAT revenues every year for the next 10 yearsas the European Parliament has approved an update to the VAT directive requiring online platforms to pay VAT on services offered through them by 2030. While the Directive has granted the possibility of exempting SMEs from this rule, the short-term accommodation rental and […]
European Parliament's new directive mandates online platforms to pay VAT, enhancing fairness and compliance.
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