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Image header Agence Europe
Europe Daily Bulletin No. 10588
ECONOMY - FINANCE - BUSINESS / (ae) taxation

EESC wants FTT and different type of VAT income

Brussels, 02/04/2012 (Agence Europe) - In a report on the European Commission's draft legislation on the EU's own resources (see related article), issued on the basis of a report by Gérard Dantin (France, Workers' Group), the European Economic and Social Committee (EESC) called on 29 March by 165 to 21 with 11 abstentions in favour of the introduction on 1 January 2014 of a new system of VAT and a financial transaction tax (FTT) to raise 54.1% of the EU's income by 2020.

VAT. The EESC...

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