Date: 26 November, 2009
INTRODUCTIONThe European Union (EU) has issued directives that change the VAT reporting for cross-border trade of goods and services within the EU. The changes affect business-to-business (B2B) and business-to-customer (B2C) trade. This is referred to as the VAT 2010 package. As each member state implements these directives, Microsoft Dynamics® NAV is updated to accommodate the legal requirements of that member state.