Data Sources

Data for taxtools.io is pooled from a number of locations and updated daily to ensure all content is up to date, including:

• Country names, codes and currencies from europa.eu
• Foreign exchange rates from openexchangerates.org
• EU VAT rates from ec.europa.eu and VATlive for notification of changes
• VAT ID validation from VIES
• Location data is provided by GeoLite2 created by MaxMind, available from maxmind.com

Latest EU VAT changes

Romania (RO) changed from 20% to 19% effective from 1-January 2017.

Background reading: Romania cuts VAT to 19% from January 2017

FX Rates

Updated: 25-May 2020 22:00