The Explanatory Notes on the new VAT rules for 2015 are now availableTags: VAT 2015 Categories: RSS
The Explanatory Notes on the new VAT rules for 2015 are now available.
They were published to provide a better understanding of legislation adopted at EU level and in this case principally Council Implementing Regulation (EU) No 1042/2013 of October 7th 2013 amending Implementing Regulation (EU) No 282/2011 as regards the place of supply of services.
The ‘Explanatory Notes’ are intended to be seen as a guidance tool that can be used to clarify the practical application of the new place-of-supply rules for telecommunications, broadcasting and electronic services. They provide help in understanding the meaning of certain issues contained in the articles of Implementing Regulation 1042/2013.