On 7 December 2018, an amending directive and two amending regulations were published in the Official Journal of the EU regarding VAT quick-fixes approved earlier in the year. The quick fixes introduce adjustments to the EU's VAT rules in order to fix specific issues, including simplified and uniform treatment for call-off stock arrangements, VAT ID number requirements to benefit from a VAT exemption on intra-EU supplies, and uniform criteria for the treatment of chain transactions. The amending directive and regulations are as follows:
- Council Directive (EU) 2018/1910 of 4 December 2018 amending Directive 2006/112/EC as regards the harmonisation and simplification of certain rules in the value added tax system for the taxation of trade between Member States;
- Council Regulation (EU) 2018/1909 of 4 December 2018 amending Regulation (EU) No 904/2010 as regards the exchange of information for the purpose of monitoring the correct application of call-off stock arrangements; and
- Council Implementing Regulation (EU) 2018/1912 of 4 December 2018 amending Implementing Regulation (EU) No 282/2011 as regards certain exemptions for intra-Community transactions.
The Directive and Regulations apply from 1 January 2020, with EU Member States required to adopt the required laws, regulations, and administrative provisions necessary to comply with the Directive by 31 December 2019.