The European Commission issued a news announcement on 23 May 2022, noting the successful implementation of the new EU VAT rules for e-commerce that came into force on 1 July 2021.
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New EU VAT rules for e-commerce: Updated revenue figures point to a successful implementation
New Value-Added Tax (VAT) rules for online shopping came into force on 1 July last year as part of efforts to ensure a more level playing field for all businesses. Following its introduction, the new framework simp…