Luxembourg, 17/10/2000 (Agence Europe) - The Ecofin Council adopted without debate, on Tuesday, a directive aimed at simplifying the Community legislation in force on VAT (value added tax) payments. The text will, as of 1 January 2002, "simplify the life of companies in that they will no longer need a tax representative" in the countries where they are established, said French Finance Minister Laurent Fabius.
Tax representation has proved to be a complex system that is also binding and...