VAT e-commerce rules – agreement on delayed entry into force
25 June 2020
Further to the Commission’s proposal for the delay of the entry into force of the VAT e-commerce rules (see MIT News 10 May 2020), Member states’ ambassadors to the EU reached a preliminary agreement on 24 June 2020 on postponing the application of the rules by six months, i.e. as of 1 July 2021, instead of 1 January 2021.
The postponement should be formally adopted by the Council, without further discussion, once the text has undergone a legal and linguistic review.
source: consilium.europa.eu
The amendments to the Malta VAT Act implementing these new rules were published on 2 June 2020 (See MIT news 3 June 2020).