VAT news tagged as "EU VAT number format"

Europe

EC to consider overhaul of EU VAT number format system

February 26th, 2013

The European Union’s Commission (EC) is undertaking an extensive review of the European VAT number format and identification regime. The aim is improve EU VAT compliance system and tax collections. The proposed tax identification number system (EU TIN) was identified by the EC as requiring review in last December’s Action Plan against fraud and evasion. …