European Commission has suggested some fundamental changes to the way VAT is calculated in cross border supplies in an attempt to combat VAT fraud & simplify VAT on cross border transactions. One of the four changes will see the One Stop Shop concept extend to goods. The changes will change the way is calculated on intra EU supplies of goods. New rules and new invoicing requirements.Interesting times ahead and some challenges for systems calculating VAT as these new rules will need to be embedded into systems architecture. Interesting to see how this will develop!