On 1 July, we’ll be marking the day two years ago that the new Value Added-Tax (VAT) rules for e-commerce came into force in the EU. In 2022 alone, the new system helped Member States to collect €20 billion in VAT that goes directly to public budgets. Find out how below.
Lorem ipsum
Lorem ipsum
Lore ipsum
Did you know that thanks to the EU’s Transaction Network Analysis (TNA) tool, cross-border VAT fraud can be detected at a much earlier stage? According to new figures, the anti-fraud network Eurofisc uncovered €10.9 billion in fraudulent transactions in 2022 using the TNA.
Lorem ipsum
On Saturday, 6 May, from 10:00 to 18:00, the European institutions will once again open their doors to the public, to celebrate Europe Day. During the Open Day, citizens can visit the institutions to find out more about what they do. DG TAXUD will have a stand in the Safe Europe village in the Berlaymont building. With the help of some canine friends, we will showcase how EU Customs keep EU citizens safe, as well as the many other tasks they fulfil. Not in Brussels? No worries! Check out the Commission’s dedicated page for live online events and map to find something happening near you.
We are excited to announce the launch of the new EU Economy & Finance page on LinkedIn! Stay informed about the latest developments in EU economic affairs, financial services, taxation, and customs and follow us on our new LinkedIn page where we present the latest news, events, and policy analysis on our work. Join our community and engage with us!
Further progress was made in April on the CBAM, the EU’s landmark tool to put a fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries. On 18 April, the European Parliament approved the political agreement of December 2022. And on 25 April, the CBAM agreement was also formally approved by the Council of the European Union. The co-legislators will now need to sign the new Regulation before it is published in the Official Journal of the EU. The CBAM will then start applying in its transitional phase as of 1 October 2023.
On 17 April, the European Commission extended for ten requesting Member States the existing possibility to temporarily waive customs duties and VAT on the importation from non-EU countries of food, blankets, tents, electric generators and other life-saving equipment destined for Ukrainians affected by the war.
On Saturday, 6 May, from 10:00 to 18:00, the European institutions will once again open their doors to the public, to celebrate Europe Day. During the Open Day, citizens can visit the institutions to find out more about what they do. DG TAXUD will have a stand in the Safe Europe village in the Berlaymont building. With the help of some canine friends, we will showcase how EU Customs keep EU citizens safe, as well as the many other tasks they fulfil. Not in Brussels? No worries! Check out the Commission’s dedicated page for live online events and map to find something happening near you.
New elearning course
One year ago today, the Wise Person’s Group on the Future of Customs published its recommendations on the next steps for the EU Customs Union. In particular, the group’s report advocated making EU customs more coherent and simpler for businesses, more useful in supervising supply chains and more agile dealing with the digital and green transitions. Later this spring, the Commission will come forward with its proposals on how to get us there!
Looking for a deep dive into taxation data in the EU? In TAXUD’s newly updated data on taxation trends, you can find a wealth of information on key taxation indicators. It allows the assessment of tax systems from several angles (by type of tax, by economic function, by level of government, ITR, etc.) for all EU Member States and the EU as a whole, as well as Iceland and Norway.
On 1 March 2023, the EU launched the second release of its Import Control System 2 (ICS2), the new advance cargo information and risk management platform, to further improve protection against security and safety threats from goods entering the EU. Is your business affected?
Around 4 million Ukrainians have now been granted temporary protection in Europe, while millions more have had to flee their homes but remained in Ukraine. EU Member States are providing humanitarian assistance to large numbers of persons fleeing the war, while also supporting internally displaced Ukrainians at risk of hunger and disease. That’s why the Commission has extended, for and at the request of ten Member States, the current possibility to temporarily waive customs duties and VAT on the importation from non-EU countries of food, blankets, tents, electric generators and other life-saving equipment destined for Ukrainians affected by the war.
Russia’s war in Ukraine, which began almost one year ago, called for a swift, decisive and determined reaction from the European Commission, both in tackling Russia and its allies and in supporting Ukraine. Policies steered by DG TAXUD have played an important role in this crisis response. Nearly 12 months and 10 sanction packages later, we sat down with colleagues from across DG TAXUD to understand their contribution to the effort – what has been done, how it was achieved, and what this work means to them on a personal level.
