15/02/2018 (Agence Europe) – On Thursday 15 February, the European Commission announced that it had launched a verification process to assess whether repayments of VAT to businesses in the member states comply with European legislation and the case-law of the Court of Justice of the EU. The European institution stresses that a fast and simple procedure can have a major impact on companies' cash flows and competitiveness. “This is especially true for the smallest companies who cannot...