VAT news tagged as "VAT committee"

Europe

EU confirms VAT on crowdfunding

November 18th, 2015

The EU’s VAT Committee has published its new review of the liability to VAT of crowdfunding activities, which included confirmation that VAT is due on reward-based crowdfunding projects. While not binding on EU member states, the conclusions of the Committee are highly influential, and are typically followed by national tax authorities’. European Commission (EC) concerns …