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Europe Daily Bulletin No. 10510

7 December 2011
ECONOMY-FINANCE-BUSINESS / (ae) taxation
Proposals on VAT reform in EU from 2012

Brussels, 06/12/2011 (Agence Europe) - A VAT system is needed that is better adapted to the new realities of the economic situation - less complex for businesses to use, more effective, less vulnerable to fraud and providing a more effective contribution to member states' efforts to consolidate their budgetary situations. That, in essence, is the aim pursued by the commissioner for taxation and customs union, Algirdas Semeta, who presented a communication on reform of the VAT system on...

Contents

A LOOK BEHIND THE NEWS
SOVEREIGN DEBT CRISIS
ECONOMY-FINANCE-BUSINESS
SECTORAL POLICY
SOCIAL AFFAIRS
EXTERNAL ACTION
COURT OF JUSTICE