In a February 7, 2017 webinar, the Hogan Lovells Digital Single Market (DSM) team presented its take on new developments for 2017. Peter Watts introduced the session by warning that the loss of the UK voice in EU policy making could lead to rules that are less sensitive to business needs. Marco Berliri commented on the challenges currently facing large e-commerce clients and why a single market would bring significant benefits: “There are too many authorities to deal with. Some of our online clients have to deal with 10 different
A recent opinion of the Attorney General Kokott in an ECJ case initiated by the Polish Constitutional Court sheds light on the contentious discrepancy in VAT rules between E-publications and printed ones. According to the Attorney General, the exclusion E –publications from lower-rate VAT does not distort the market, given the lower costs associated with e-publications. The view of the Attorney General is in contrast to the assessment by the European Commission which is currently reviewing the possibility to align the VAT rates applicable to the supply of electronically supplied
On 7 April 2016 the European Commission released its VAT Action Plan, which provides a pathway to the creation of a single Value Added Tax (VAT) area in the European Union. The Commission considers the current VAT system to be a core element of the single market that should assist in facilitating trade within the single market. However, the Commission believes that the VAT system has been unable to keep pace with the development of the globalized modern digital and mobile economy.