Can Europe come together in perfect VAT harmony?
Wednesday, May 25, 2011
| Posted by: Graham Brearley
Categories:
Thought leadership
| Tags: international,
VAT,
Graham Brearley,
cross-border,
Europe,
EU,
goods,
suppliers,
export,
import,
origin,
green paper,
rates,
system,
destination
The decades-old VAT system for traders operating within Europe is complex, open to fraud and in desperate need of an overhaul in the modern global economy. A new European Commission green paper is consulting with business but can the EU navigate through the political nightmare to adopt a system of VAT rates that is simple and fair?
