3 ms·
this is an anachronism, the commission regards reduced rates as "an obstacle to the proper functioning of the internal market"[1] for quite a while the commiss
by blibble 10y ago
this is an anachronism, the commission regards reduced rates as "an obstacle to the proper functioning of the internal market"[1]
for quite a while the commission has attempted to reform VAT, ostensibly for a "simpler, more efficient and robust VAT system" with the intent of "broadening the tax base and limiting the use of reduced rates" to "generate new revenue streams", which is reported in the media as "EU wants to add VAT to food, childrens clothes and books".
[1]: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52011DC0851&from=EN http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX...