Netherlands Gazettes Decision Implementing Temporary Removal of Payment Default Penalties Under EU VAT E-Commerce Regime

The Dutch Official Gazette Nov. 21 published Decision No. 2023-23079, implementing temporary measures removing default penalties for qualifying entrepreneurs involved in the EU VAT e-commerce regime. The decision includes measures: 1) suspending the imposition of payment default fines for VAT due under the EU VAT e-commerce regime, for payment defaults occurring before June 1, 2024; 2) reversing covered payment default fines that have already been imposed; and 3) implementing a temporary emergency track facility until June 1, 2024, due to technical limitations in imposing automatic fines. The decision enters into force Nov. 22, 2023, and applies retroactively from July 1, ...