The European Union has approved new rules requiring platforms like Uber and Airbnb to collect and remit VAT on services provided through their platforms, leveling the playing field with traditional businesses. The regulation, effective from 2030, aims to boost VAT revenues by €6.6 billion annually and reduce tax inequalities. Despite initial resistance and a five-year delay, the reforms promise fairer competition and streamlined compliance through a new "one-stop shop" system for businesses across the EU.
Tag: traditional businesses
At the 28th Economist Government Roundtable, spokesman Pavlos Marinakis called for "more, faster, and deeper reforms" to improve daily life in Greece and the EU. He addressed voter abstention, the rise of extreme parties, and highlighted Greek policies like subsidized housing loans and tax cuts for young families.