VAT news tagged as "EFTA"


Iceland told to withdraw VAT measures

May 15th, 2014

The Icelandic government has been asked to unwind a number of VAT compliance measures by the European Free Trade Association (EFTA). It concluded that the VAT simplification changes provided unfair state aid for local IT sector companies at the expense of companies from other EFTA member states. Iceland has built a large international data processing …