On Tuesday 10 October, France and Spain got behind the European Commission's proposal to take the first step towards a definitive cross-border VAT regime.
“This is an important leap forward in terms of having a harmonised tax system” and an important step towards improving the functioning of the internal market, the Spanish minister, Luis De Guindos, told the meeting of the finance ministers.
He went on to say that a system based on a one-stop shop was the right approach. He pointed out...