What’s Happening in Brief: European Union

- Directive on persons liable for payment of VAT adopted - Minimum standard VAT rate - Proposal - Extension of derogation for the UK - Restriction of right to deduct - Cars - Commission proposes simplification and modernization of the rules on invoicing - Question from the European Parliament: Reduction of VAT on repairs to historic buildings - Question from the European Parliament: Exclusion from the right to deduct VAT on cars in Austria - Question from the European Parliament: Common VAT system - Deductions