The European Commission is introducing, in connection with the proposed reform of the EU VAT system, the concept of a Certified Taxable Person. This concept brings a number of simplified procedures which can even be used in the current system since Council regulation has the potential to come into force as of 1 January 2019.
In general, this is the launch of the so-called “white-list” of reliable entrepreneurs - Exactly the opposite of the unreliable payers list, which was introduced in the Czech Republic. A Certified Taxable Person will benefit from simplification regarding call-off stock arrangements (regardless of local legislation), simplification of rules in order to ensure legal certainty regarding chain transactions and simplification of the proof of transport of goods between two EU Member States needed for the application of the VAT exemption to intra-Community supplies.
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