VAT system: Harmonisation, simplification & definitive trade taxation

This procedure aims to make Value Added Tax (VAT) rules simpler and more consistent across the EU. It seeks to create a definitive VAT system for goods and services traded between Member States, reducing administrative burdens for businesses operating cross-border.

Businesses involved in intra-EU trade will benefit from simplified procedures. This change is expected to improve the functioning of the internal market by removing tax-related obstacles and ensuring fairer competition among companies.