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#VAT: More flexibility on VAT rates, less red tape for small businesses

#VAT: More flexibility on VAT rates, less red tape for small businesses

| January 18, 2018 | 0 Comments

The European Commission has today (18 January) proposed new rules to give member states more flexibility to set Value Added Tax (VAT) rates and to create a better tax environment to help SMEs flourish. Today’s proposals are the final steps of the Commission’s overhaul of VAT rules, with the creation of a single EU VAT area […]

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#DigitalSingleMarket: Commission’s #eVAT rules are ‘game changer’ for #ecommerce in EU

#DigitalSingleMarket: Commission’s #eVAT rules are ‘game changer’ for #ecommerce in EU

| December 1, 2016 | 0 Comments

The European Commission unveiled a series of measures to improve the Value Added Tax (VAT) environment for e-commerce businesses in the EU that could save businesses in the EU as much as € 2.3 billion a year alone on compliance costs. Unlocking the EU’s e-commerce Andrus Ansip, Vice President for the Digital Single Market, said: […]

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#VAT: European book publishers welcome the adoption of the VAT action plan by the Commission

#VAT: European book publishers welcome the adoption of the VAT action plan by the Commission

| April 8, 2016 | 0 Comments

On 7 April 2016, the European Commission adopted its Action Plan on Value Added Tax. The Action Plan includes a ‘Proposal for removing VAT obstacles to cross-border, e-commerce, e-publications’. Book publishers are investing important resources to offer the benefits of technological developments to their readers. They also invest in standardization, including through the ePub standard, […]

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#VATActionPlan: Commission presents measures to modernize VAT in EU

#VATActionPlan: Commission presents measures to modernize VAT in EU

| April 7, 2016 | 0 Comments

The European Commission has presented an Action Plan setting out ways to reboot the current EU VAT system to make it simpler, more fraud-proof and business-friendly. The current VAT rules urgently need to be updated so they can better support the Single Market, facilitate cross-border trade and keep pace with today’s digital and mobile economy. […]

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#VATActionPlan: MEP Dodds says ‘EU will combat €40bn of revenue lost to VAT fraud every year’

#VATActionPlan: MEP Dodds says ‘EU will combat €40bn of revenue lost to VAT fraud every year’

MEP Anneliese Dodds of the UK, has spoken out about the future of the VAT Action Plan ahead of an announcement regarding its future on Thursday (7 April).  Dodds said: “This announcement means that George Osborne can finally end the abhorrent Tampon Tax as soon as 2017. By giving rate setting powers back to the […]

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#EuropeanParliament: Migration, taxation and Turkey’s role on this week’s agenda

#EuropeanParliament: Migration, taxation and Turkey’s role on this week’s agenda

While heads of state and governments will try to work out the details of the EU-Turkey migration deal during the last European summit in Brussels on 17-18 March, parliamentary committees will also be dealing with migration issues this week. MEPs vote on proposals for relocation schemes for refugees and EU humanitarian visa and also asses […]

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#VATFraud: ‘Time to step up efforts’, say EU Auditors

#VATFraud: ‘Time to step up efforts’, say EU Auditors

The current EU system for fighting cross-border VAT fraud is not effective enough and is hampered by a lack of comparable data and indicators, according to a new report from the European Court of Auditors. The EU has a battery of tools to fight against intra-Community VAT fraud, say the auditors, but some need to be […]

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