VAT Aspects of the EU’s Package for Fair and Simple Taxation

The Package for Fair and Simple Taxation recently passed by the European Commission which contains three elements:

• Action Plan for fair and simple taxation supporting the recovery;
• revision of the Directive on Administrative Cooperation (DAC 7); and
• communication on Tax Good Governance in the EU and beyond.

the article reviewed focuss in the first element. The Tax Action Plan covers a number of taxes but there are a number of measures that particularly focus on value-added tax.

Source: Bloomsberg Tax