This is the second episode of the series Diving Deeper, which update you on customs and international trade in the EMEA region.
In this episode we collaborate with our Baker McKenzie Amsterdam VAT/Indirect Tax team, and share more about the four VAT Quick Fixes, applicable as of 2020.
Our observation is that there is still a number of operators who aren't fully aware of the impact of the Fixes on their supply chains.
In the video below, Baker McKenzie's Senior Counsel and Professor in Tax Law Redmar Wolf gives you an eleventh hour recap on the subject so you can identify whether the Fixes impact your VAT compliance.
Click the 'Download PDF' button to read a full report written by the Amsterdam VAT/Indirect Tax team on this topic.
For more information about the Quick Fixes, take a look at the explanatory notes published by the European Commission as they could be a helpful resource. Furthermore, do not hesitate to contact Baker McKenzie VAT counsel in case of any questions regarding the Fixes and their impact on your operations.