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European Commission Publishes Updated Notice to Stakeholders on the Withdrawal of the United Kingdom and EU Rules in the Field of VAT for Goods

22 April 2020

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Approved Changes

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European Union-United Kingdom

The European Commission published an updated Notice to Stakeholders dated 16 April 2020 on the withdrawal of the United Kingdom and EU rules in the field of value added tax (VAT) for goods. --- INTRODUCTION Since 1 February 2020, the United Kingdom has withdrawn from the European Union and has become a 'third country'. The Withdrawal Agreement provides for a transition period ending on 31 December 2020. Until that date, EU law in its entirety applies to and in the United Kingdom. During the transition period, the EU and the United Kingdom will negotiate an agreement on a new partnership,...