European Union Gazettes Resolution Endorsing VAT Reverse Charge Mechanism to Combat EU Intra-Community Fraud

The European Union Official Gazette Dec. 6 published Legislative Resolution No. P9_TA(2022)0131, endorsing EU Council Directive COM(2022)0039, to extend the VAT reverse charge mechanism to combat EU intra-community fraud. The resolution endorses the extension, to Dec. 31, 2025, of: 1) the optional VAT reverse charge mechanism for supplies of specific goods and services susceptible to fraud; and 2) the use of the Quick Reaction Mechanism (QRM) against VAT fraud. [European Union, EU Legal Database, 12/06/22]

Reference: View Text of Legislative Resolution No. P9_TA(2022)0131, Official Gazette No. C 465/19. View Index. View Directive COM(2022)0039.