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Future of VAT
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10 years 11 months ago - 10 years 11 months ago #67
by Caspar001
Future of VAT was created by Caspar001
Communication From The Commission To The European Parliament, The Council And The European Economic And Social Committee
On The Future Of VAT Towards A Simpler, More Robust And Efficient VAT System Tailored To The Single Market
Title
Consultation on the ‘Green Paper on the future of VAT– Towards a simpler, more robust and efficient VAT system’
Target groups
The Commission invites all interested parties to submit their contributions in response to the questions raised in the ‘Green Paper on the future of VAT– Towards a simpler, more robust and efficient VAT system’.
All stakeholders affected by this initiative – all citizens, organisations, businesses, public authorities, tax practitioners, tax experts and academics - are invited to provide their views on this matter
Objective of the consultation
Value added tax (VAT) constitutes a major source of revenue for national budgets of the Member States of the European Union. However, the VAT system, which is based on legislation adopted at European level and applied at national level, suffers from numerous shortcomings which do not make it fully efficient and compatible with the requirements of a true single market.
The aim of this consultation is to launch a broad based debate with all the stakeholders on the evaluation of the current VAT system and the possible ways forward to strengthening its coherence with the single market and its capacity as a revenue raiser whilst reducing the cost of compliance.
The Green Paper covers in particular the treatment of cross border supplies, as well as other key issues addressing tax neutrality, the degree of harmonisation required in the single market and reducing "red tape" whilst ensuring VAT revenues for Member States.
On The Future Of VAT Towards A Simpler, More Robust And Efficient VAT System Tailored To The Single Market
Commission Staff Working Paper – Future of VAT
Study on the feasibility of alternative methods for improving and simplifying the collection of VAT through the means of modern technologies and/or financial intermediaries
Summary of the study
On The Future Of VAT Towards A Simpler, More Robust And Efficient VAT System Tailored To The Single Market
Title
Consultation on the ‘Green Paper on the future of VAT– Towards a simpler, more robust and efficient VAT system’
Target groups
The Commission invites all interested parties to submit their contributions in response to the questions raised in the ‘Green Paper on the future of VAT– Towards a simpler, more robust and efficient VAT system’.
All stakeholders affected by this initiative – all citizens, organisations, businesses, public authorities, tax practitioners, tax experts and academics - are invited to provide their views on this matter
Objective of the consultation
Value added tax (VAT) constitutes a major source of revenue for national budgets of the Member States of the European Union. However, the VAT system, which is based on legislation adopted at European level and applied at national level, suffers from numerous shortcomings which do not make it fully efficient and compatible with the requirements of a true single market.
The aim of this consultation is to launch a broad based debate with all the stakeholders on the evaluation of the current VAT system and the possible ways forward to strengthening its coherence with the single market and its capacity as a revenue raiser whilst reducing the cost of compliance.
The Green Paper covers in particular the treatment of cross border supplies, as well as other key issues addressing tax neutrality, the degree of harmonisation required in the single market and reducing "red tape" whilst ensuring VAT revenues for Member States.
On The Future Of VAT Towards A Simpler, More Robust And Efficient VAT System Tailored To The Single Market
Commission Staff Working Paper – Future of VAT
Study on the feasibility of alternative methods for improving and simplifying the collection of VAT through the means of modern technologies and/or financial intermediaries
Summary of the study
Last edit: 10 years 11 months ago by Caspar001.
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