Brussels, 16/05/2012 (Agence Europe) - EU Taxation Commissioner Algirdas Semeta has welcomed the EU27 finance ministers' backing for the EU's new VAT strategy, unveiled by the European Commission at the end of last year (see EUROPE 10612). In a press release, Semeta said the strategy met the demands of ordinary people, companies and tax offices for a full overhaul of the current system to make it easier, more effective and less permeable to fraud. He stressed the importance of improving tax...