The European commission's proposal to allow member states to carry out pilot projects for a reverse-charge VAT system (providing for the VAT to be paid by the final consumer) has been a disappointment to the countries that were eagerly awaiting it.
The proposal, which was presented on 21 December of last year following a promise made to the Czech Republic, is fairly restrictive in the eligibility criteria it lays down for the mechanism.
The way the Commission has drafted the text is not...