As Chartered Accountants will be aware, from 1 January 2010, a range of VAT changes, known as the 'VAT Package', will come into force across the EU. The 'VAT Package' brings changes which will reshape the main rules applicable to the place of supply of services and a new electronic procedure for claiming VAT incurred in other Member States.
In preparation for the 'Vat Package' the Commission adopted a proposal recasting Council Regulation (EC) No 1777/2005 which includes a number of elements clarifying the application of the VAT Package, notably as regards the new place of supply rules for services. Once adopted by the Council by unanimity, this regulation is said to give clear legal certainty for businesses and Member States alike,
For further information please refer to the following:
press notice here
the Proposal here
the new 'Where to Tax' here