Brussels, 23/10/2013 (Agence Europe) - On 23 October, the European Commission unveiled a draft directive to introduce a standardised VAT return in the European Union by 2017 that will replace the 28 versions currently in use, thus ensuring companies provide the same basic information within the same deadlines across the EU. This should reduce red tape and administrative costs for the submission of the 150 million or so company VAT returns in the EU every year, thus leading to savings of up...