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Image header Agence Europe
Europe Daily Bulletin No. 12251
Contents Publication in full By article 13 / 25
ECONOMY - FINANCE / Taxation

VAT simplification for SMEs, dossier is not yet ready for adoption by Council of the EU

The directive on the simplification of value added tax (VAT) for small and medium-sized enterprises (SMEs) has been removed from the agenda of the Ecofin Council on 17 May, according to a European source. Several countries, including Germany, the Netherlands, Ireland and the United Kingdom, reportedly considered that the text was not yet ready for a ministerial discussion. 

Introduced in January 2018, the Directive aims to amend the current rules in order to reduce VAT costs for SMEs (see...

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