Richard Woolich (DLA Piper) points out ten practical points to understand in relation to the new regime for all businesses when managing their cross-border supplies, both B2B and B2C
As has been widely reported elsewhere there are important changes to the VAT rules affecting B2C cross-border services from 1 January 2015. These changes will affect those businesses both inside and outside the EU which are directly or indirectly involved in the supply of telecommunication broadcasting and electronically supplied services (‘TBE services’) where the customer is a private individual or an organisation that is not in business.
To end distortion between EU and non-EU based businesses from 1 January 2015 the place of supply of TBE services for both EU and non‑EU suppliers will be the non‑business customer’s place of ‘belonging’. This means generally...
