This overview highlights the Commission’s (i) public consultation on new VAT rules for the digital era; (ii) proposal to extend the application of the reverse charge mechanism and quick reaction mechanism to fight intra-Community VAT fraud; (iii) letters of formal notice to Bulgaria, Greece and Spain regarding implementation of ATAD 2; (iv) closing of the infringement procedure against France regarding its rules on the taxation of capital gains of non-resident investment funds; and (v) authorization to Cyprus to support private investment in innovative SMEs under the State aid framework.