As of 1 February 2025, Georgia will become the latest country to join the Common Transit Convention and the Convention on the Simplification of Formalities in Trade in Goods.
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New Computerised Transit System (NCTS): The deployment of the phase 5 is on track
29 countries (Member States and other countries which are part of the Common Transit Convention) have deployed the new phase 5 of NCTS and in all countries the operations are running smoothly.
PEM Convention: the Joint Committee decisions paves the Way for Simplified Rules of Origin
On 12 December, the 16th meeting of the Pan-Euro-Mediterranean (PEM) Convention Joint Committee took place in Brussels, marking a significant milestone in the lead-up to the entry into force of the Revised PEM Convention on 1 January 2025.
Member States made significant progress in VAT Compliance in 2022, but continued efforts are still needed
Most EU Member States made significant progress in Value-Added Tax (VAT) collection between 2018 and 2022, according to a new report released by the European Commission today.
TAX Administration EU summit (TADEUS) took place in Budapest
Heads of Tax Administrations discussed how to address common challenges
Electronic VAT exemption certificate: political agreement on the new directive
On 10 December 2024, the Council agreed on the new directive proposal from the Commission to introduce an electronic tax certificate for VAT exemptions.