Starting from 1 January 2020, new rules on the VAT treatment applicable to cross-border transactions will enter into force (the so-called „Quick Fixes” approved by the Council of the European Union). The new provisions will be mandatory for all Member States.
In a nutshell, the „quick fixes” comprise the following:
All of these VAT changes could have a significant impact on your company’s activity, processes, procedures and systems. If you require guidance on these new rules, our VAT professionals will be pleased to discuss with you.