Introductory text

United Kingdom

Commission Implementing Regulation (EU) No 17/2014

of 10 January 2014

laying down the standardised form for the notification for a special measure under the Quick Reaction Mechanism against VAT fraud

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax^f1, and in particular Article 199b(4) thereof,

Whereas:

(1)

Directive 2006/112/EC, as amended by Council Directive 2013/42/EU^f2, introduces a Quick Reaction Mechanism for combatting value added tax (VAT) fraud.

(2)

The Quick Reaction Mechanism allows Member States to notify the adoption of a special measure derogating from the general rule provided for in Directive 2006/112/EC concerning the person liable for the payment of VAT. That measure consists of applying VAT reverse charge for the purposes of combatting sudden and massive forms of fraud liable to lead to considerable and irreparable financial losses.

(3)

In order to facilitate the processing of the notification of Quick Reaction Mechanism special measures, a standardised form of notification should be adopted, describing and structuring the required information from a notifying Member State.

(4)

In order to shorten and streamline the notification procedure such forms should be submitted electronically to the Commission.

(5)

The measures provided for in this Regulation are in accordance with the opinion of the Standing Committee on Administrative Cooperation,

HAS ADOPTED THIS REGULATION:

Annotations

Footnotes

f1: OJ L 347, 11.12.2006, p. 1.
f2: Council Directive 2013/42/EU of 22 July 2013 amending Directive 2006/112/EC on the common system of value added tax as regards a Quick Reaction Mechanism against VAT fraud (OJ L 201, 26.7.2013, p. 1).