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Europe Daily Bulletin No. 7686

29 March 2000
Contents Publication in full By article 16 / 57
GENERAL NEWS / (eu) eu/taxation
Commission wants to rekindle modernisation of VAT regime

Brussels, 28/03/2000 (Agence Europe) - The European Commission will debate, this Wednesday, possibilities for modernising the value added tax regime (VAT). Four years ago, the Commission planned for 2000 the transition to a new common VAT system based on the principal of taxation in the country of origin. Today, it noted that the "present climate" and notably, "the Member States refusal to align their VAT rates and reduce the number of special regimes," prevent the progress towards this...

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