Brexit

May 7, 2021

2021 EU VAT E-commerce changes

New VAT rules will be introduced by the EU regarding e-commerce after July 1st, 2021  Two major forces have exposed the need for a radical update of the current EU VAT regime, as it is contained within the Council Directive 2006/112/EC (the ‘EU VAT Directive’)
April 12, 2021

Brexit VAT News

On 18 March 2021 the Cyprus Parliament enacted into law the relevant EU Directives in respect of reportable cross-border arrangements, commonly known as DAC6. The law was published in the Official Gazette of the Republic on 31 March 2021.

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