Press Release: VAT: Reviewing reduced rates for more efficient tax systems

Citizens, businesses and other stakeholders are being asked for their opinion on certain reduced VAT rates, in a public consultation launched by the Commission. They are also asked to consider what a change in EU rules in this area might imply. The consultation is part of the wider work being done to fundamentally reform the EU VAT system, in order to make it simpler, more efficient and more robust. It will run until 3 January 2013.

European Commission: Memo/12/750: Taxation: Questions and Answers on reduced VAT rates http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/750&format=HTML&aged=0&language=EN&guiLanguage=en

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