12
Oct
Fraud, fragmentation and the complexity of the VAT system are a major challenge especially for border regions and small and medium-sized enterprises (SMEs). Therefore the members of the European Committee of the Regions (CoR) broadly support the European Commission's move to modernise VAT in the EU through an opinion prepared by Dainis Turlais (LV/ALDE) and adopted during the October plenary.
The action plan on VAT was published by the European Commission in April 2016 and is the first step towards a...