EU Commissioner for Taxation, Algirdas Šemeta, has today welcomed the European Parliament's support for a Standard VAT Return. The Standard VAT Return is one of the Commission's key proposals to cut red-tape for business and improve tax compliance in the EU.
As Commissioner Šemeta stated: “This proposal is about making life simpler and cheaper for businesses. With the Standard VAT Return, it will be as easy to declare VAT abroad as it is at home. As such, it will remove a major tax obstacle i...
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