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Europe Daily Bulletin No. 8866

14 January 2005
Contents Publication in full By article 29 / 33
GENERAL NEWS / (eu) eu/taxation
Commission inquiry shows lack of fiscal coordination in European Union is costly to business

Brussels, 13/01/2005 (Agence Europe) - The European Commission's Directorate General on Taxation has published on its website the results of a European inquiry into the cost of harmonising corporate tax and value added tax (VAT). It notes the tax obligations are costly and increase with cross-border transactions, and may also have an impact on the international transactions of a company. Seven hundred companies from fourteen Member States answered the questionnaire put out before...

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