NRF: New circular issued to resolve the VAT saga on directors' fees
Final clarity at last? Luxembourg ends long-running VAT saga on directors’ fees with new guidance and refund framework in Circular 781-2.
ALFI: continue financial service VAT exemption
VAT rules are a mess in the EU financial services sector. The current regime dates from 1977, well before the development of the cross-border business we know today.