At the annual OECD Global Forum on VAT on 5-6 November 2015, representatives of more than 100 countries endorsed the new OECD International VAT/GST Guidelines, clearing out how governments should apply Value Added Taxes or Goods and Services Tax to the continuously rising volume of cross-border trade.
Effectively, the collection of VAT on cross-border sales takes place in the country where products are consumed.
The OECD International VAT/GST Guidelines set standards on VAT-neutrality and on destination-based taxation of cross-border sales of services to businesses (B2B) and final consumers (B2C) can be found at http://www.oecd.org/tax/consumption/international-vat-gst-guidelines.pdf.Back to News
Maastricht University - 5th Global Tax Policy Conference: Tax Policy after BEPS, what can be expected? On 6 September 2019 at the Royal Museums of Arts and History in Brussels, Prof. Dr Hans van den Hurk, chairman of the Annual Global Tax Policy Conference of the Maastricht Centre for Taxation (Maastricht University) with his esteem speakers are addressing the above question.Read more