Draft legislation published on new VAT place of supply rules | Practical Law
On 13 December 2007, the Council of the EU published proposed new legislation that will change the place of supply of many cross-border services for VAT purposes, generally, with effect from 1 January 2010. The aims of the proposed legislation are to ensure that VAT on services accrues to the country where the service is consumed and to prevent distortions of competition between member states that operate different VAT rates.