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


The European Commission has today 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 to dramatically reduce the €50 billion lost to VAT fraud each year in the EU, while supporting business and securing government revenues.
More info: VAT: More flexibility on VAT rates, less red tape for small businesses -   Action Plan on VAT -   Questions and Answers on the VAT package -  

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20:48  LIVE EC press conference by Commissioner Pierre MOSCOVICI on the European Commission's proposals to give more flexibility to Member States to set VAT rates and to simplify VAT obligations for SMEs
LIVE EC press conference by Commissioner Pierre MOSCOVICI on the European ...
Ref: I-149451
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16:54  LIVE EC press conference by Commissioner Pierre MOSCOVICI on the European Commission's proposals to give more flexibility to Member States to set VAT rates and to simplify VAT obligations for SMEs
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Press conference by Pierre Moscovici, Member of the EC, on the European Commission's proposals to give more flexibility to Member States to set VAT rates and to simplify VAT obligations for SMEs
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Reference: P-036087
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