The Directive on the simplification of value added tax (VAT) for small and medium-sized enterprises (SMEs) is still a challenge for the EU Council (see EUROPE B11942A2). Member States' ambassadors to the EU (Coreper) will discuss a new compromise text on Wednesday 5 June, but should return the dossier to the technical level, a European source said on Tuesday 4 June.
The dossier had already been removed from the agenda of the Ecofin Council of 17 May (see EUROPE B12251A13) and will...