Taxation and Customs Union
From 1st January 2013, new EU VAT rules enter into effect, which will make life much simpler for businesses across Europe.
"Around one trillion euros is lost to tax evasion and avoidance every year in the EU. Not only is this is a scandalous loss of much-needed revenue, it is also a threat to fair taxation. While Member States must toughen national measures against tax evasion, unilateral solutions alone won't work.