EU weighs VAT updates to fuel circular economy and tackle waste

The European Commission has launched an eight-week public consultation on updating EU VAT rules to better support the circular economy, focusing on second-hand goods, destruction of viable goods, and VAT deductions for business use of passenger cars. This consultation is part of a wider plan including a Circular Economy Act and aims to align VAT legislation with sustainability and low-emission goals.

This Wire brief sits within Fusion42's coverage of Circular Economy.