selection

tax on consumption

This tag is associated with 1 post

Stronger administrative cooperation in the VAT field [EU Legislation in Progress]

Value added tax (VAT) is an important source of revenue for both national governments and the European budget and, from an economic point of view, a very efficient consumption tax. However, the rules governing intra-Community trade are 25 years old and the current common EU VAT system is vulnerable to fraud. Continue reading

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