Press Release: Combating tax fraud: reversal of VAT liability for CO2 emission allowances

Author (Corporate)
Series Title
Series Details PRES/09/359 (2.12.09)
Publication Date 02/12/2009
Content Type

The Council today (2.12.2009) agreed on a general approach, pending the opinion of the European
Parliament, on a draft directive that would allow member states to implement, on an optional and temporary basis, a reversal of liability for the payment of VAT (value-added
tax) on greenhouse gas emission allowances.
Source Link Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/111704.pdf
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