At a seminar held by HM Revenue & Customs and the European Commission on 2 June 2014, tax officials discussed the upcoming 2015 VAT rule changes for B2C supplies of telecommunication, broadcasting, and electronic services.
Characterization of Suppliers and VAT Liability
Under the new rules, it is assumed that any participant in the supply chain of services is considered principal to the transactions, which can become especially complex for e-services. However, the assumption can be …