The European Commission has released a Report on the application of the VAT e-commerce package for 2024, highlighting the success of the 2021 reforms. The following is a release on the report.
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Continued growth in revenue and registrations confirms success of reformed EU VAT rules for e-commerce
New figures from Member States show that more than €33 billion in VAT revenues were collected in 2024 via the EU's e-commerce VAT systems, a clear sign that the 2021 reforms are delivering on …