New EU VAT rules for B2C supplies of livestreaming and virtual events
3 January 2025| CATEGORIES: EU VAT, New tax rules, One Stop Shop| TAGS: B2C, EU, Livestreaming, new VAT rules, Virtual events
The EU has introduced new VAT rules for B2C supplies of livestreaming and virtual events from 1 January 2025. VAT is now due based on the place where the consumer belongs. UK VAT rules for these services are unchanged meaning there is a risk of double taxation and non-taxation on supplies between the UK and EU.