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European Commission Proposes Technical Measures to Create a Future Fraud-Proof EU VAT System

|Proposed Changes|European Union
European Union

On 25 May 2018, the European Commission announced proposed technical amendments to EU rules on value added tax (VAT) that supplement the proposed overhaul of the system to make it more fraud-resilient ({News-2017-10-05/P/2-previous coverage}). Main points as provided in the announcement are as follows.

Simplifying how goods are taxed

In the current VAT system, trade in goods between busines…

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