VAT news tagged as "EU VAT plan"

Europe

EU VAT action plan

April 7th, 2016

The European Commission (‘EC’) today issued extensive reform proposals for the EU VAT regime, bringing together many long-standing ideas which will lead to further harmonisation of the tax system. It aims to: tackle €50 billion in EU VAT fraud which exploits the current cross-border treatment of transactions; give more freedom to member states to set reduced …