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Europe Daily Bulletin No. 9694

2 July 2008
Contents Publication in full By article 18 / 37
GENERAL NEWS / (eu) eu/taxation
Companies encounter more VAT difficulties when involved in crossborder transactions

Brussels, 01/07/2008 (Agence Europe) - BusinessEurope, the confederation of European enterprise, has published a study showing that EU companies involved in crossborder transactions face higher advisory and compliance costs as well as risk exposure related to value-added tax (VAT) obligations than when they operate exclusively at domestic level. These difficulties fall into four categories: - fragmented implementation of the VAT Directive 2006/112/EC into national law; - enhanced reporting...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
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