Introductory text

United Kingdom

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

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 113 thereof,

Having regard to the proposal from the European Commission,

After transmission of the draft legislative act to the national parliaments,

Having regard to the opinion of the European Parliament^f1,

Having regard to the opinion of the European Economic and Social Committee^f2,

Acting in accordance with a special legislative procedure,

Whereas:

(1)

In order to ensure that the simplification introduced in Council Directive 2006/112/EC^f3 as regards call-off stock arrangements can be monitored properly, it is necessary for the relevant competent authorities of the Member States to have automated access to the data collected from taxable persons as regards such transactions.

(2)

Taking into account that the provisions included in this Regulation result from the amendments introduced by Council Directive (EU) 2018/1910^f4, this Regulation should apply from the date of the application of those amendments.

(3)

Council Regulation (EU) No 904/2010^f5 should therefore be amended accordingly,

HAS ADOPTED THIS REGULATION:

Annotations

Footnotes

f1: Opinion of 3 July 2018 (not yet published in the Official Journal).
f2: OJ C 283, 10.8.2018, p. 35.
f3: Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (OJ L 347, 11.12.2006, p. 1).
f4: 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 (see page 3 of this Official Journal).
f5: Council Regulation (EU) No 904/2010 of 7 October 2010 on administrative cooperation and combating fraud in the field of value added tax (OJ L 268, 12.10.2010, p.1).