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New Place of Supply Rules for Services

Mike Lambourne, Director, Ernst & Young, looks at the new EU VAT place of supply rules for business-to-business supplies which are due to come into effect on 1 January 2010

 
Mike Lambourne Director Ernst & Young looks at the new EU VAT place of supply rules for business-to-business supplies which are due to come into effect on 1 January 2010
 
New place of supply rules for business-to-business supplies (b2b) have already been agreed and are due to come into effect on 1 January 2010. Although these changes were broadly welcomed by EU businesses as they should achieve a measure of simplification there is a sting in the tail in the form of new Commission proposals for increased reporting requirements including a new EU-wide requirement to file both VAT returns and EC Sales...

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