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Europe Daily Bulletin No. 9412

24 April 2007
Contents Publication in full By article 21 / 40
GENERAL NEWS / (eu) eu/taxation
Germany is not giving up fight to introduce reverse charge mechanism for value-added tax

Berlin, 23/04/2007 (Agence Europe) -Meeting informally in Berlin, the European finance ministers on Saturday discussed the fight against tax fraud on value-added tax (VAT). Although all spoke out against a phenomenon which is widespread within the EU, they did not manage to agree on instruments to fight it, which requires the unanimous agreement of all Twenty-Seven in order to be implemented in one member state. Germany, supported by Austria, would like to apply the so-called reverse charge...

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