On 7th January, Tax News reported that EU legislation providing for the introduction of the “generalised reverse charge mechanism,” to enable Member States to better counter VAT fraud, has been published in the Official Gazette and will become effective from January 16th.  It will allow Member States that are most severely affected by VAT fraud to temporarily apply a generalised reversal of VAT liability.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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