VAT rules for FSI – public consultation

The European Commission has launched a public consultation on the VAT rules for Financial Services and Insurance.

The objective of this public consultation is to obtain the views of stakeholders on the current VAT rules on financial and insurance services and their functioning as well as on possible changes to these rules.

The questions asked in the consultation include:

  • Do you think that the current rules hinder the development of cross-border supplies of financial and insurance services?
  • To what extent do you agree that the current VAT rules are fit to cover emerging trends in the industry (such as digitalisation)?

HAVE YOUR SAY. You can contribute to the consultation by completing the questionnaire at this link. The consultation closes on 3 May 2021.