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EU VAT Updates

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Netherlands: lower VAT rate from 6 to 9%
EU countries can reduce VAT rate for eBooks and eMagazines, ePapers
EU VAT MOSS: threshold of EUR 10,000
UK: Making Tax Digital 1 April 2019
Romania: Romania’s VAT decrease has been postponed because the country has been struggling to reduce its deficit Gross Domestic Product to 3%. The VAT was originally raised in 2010 to 24% during the European financial crises, but has since been cut to 19% in January 2017.

As always we will keep you updated in VAT updates and news around the world.

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