Brussels, 13/10/2011 (Agence Europe) - The European Parliament (EP) adopted the report by David Casa (EPP, Malta) by 521 votes to 50, with 58 abstentions, on Thursday 13 October. The report recommends major amendments to the VAT system seeking to make it “robust, efficient and simpler for the businesses that use it”, the rapporteur said.
Simplification of the system and cutting red tape, improving infrastructure, more strenuous efforts in tackling fraud, exempting NGOs and SMEs,...