EEC to specify procedure for levying indirect taxes in EEU trade in e-services

<p> MINSK, Oct 13 - PrimePress. The Eurasian Economic Commission (EEC) is preparing a decision to specify the procedure of indirect taxation within the Eurasian Economic Union (EEU) when providing services in electronic form, EEC official representative Iya Malkina said at the briefing on 13 October. </p> <p>   </p> <p> Malkina said that the EEC board had earlier approved a draft regulation of the commission council, which deals with determining the procedure for levying indirect taxes when rendering services in electronic form. “The document implies that the EEU states determine the list of services, the procedure for determining the place of the buyer of the services and the order of payment of VAT when providing them,” she said. </p> <p>   </p> <p> Malkina reminded that the EEC Council also adopted a plan for mutual recognition of electronic digital signatures (EDS) by the EEU countries in public procurement. In her words, the move will ensure unhindered access of potential suppliers to public procurement contracts. </p> <p>   </p> <p> “The issue of mutual recognition of electronic digital signature is one of the most discussed and sensitive for business. We have been working on the document for three years, and plan to implement is by 2024. The next step will be the elaboration of unified rules of mutual recognition of electronic digital signature and verification of its authenticity, and also requirements for digital signatures themselves. These rules are planned to be adopted within two years,” Malkina explained. End </p>

2021-10-14

Primepress