European Commission Action Plan -VAT in the Future
At the official website of the EU on 7 April 2016 the European Commission adopted an Action Plan on the future of the VAT system in the EU member states.
The main objective of the reforms that the European Commission proposes in the current VAT system is to prevent tax fraud because of which there is significantly less of collected tax revenues - VAT gap.
The main objective of the reforms that the European Commission proposes in the current VAT system is to prevent tax fraud because of which there is significantly less of collected tax revenues - VAT gap.
Furthermore, the action plan submitted to the EU single market and the elimination of administrative barriers related to cross-border business within the EU, especially for SMEs.
More information os this topis, you can find in our Newsletter on Croatian bellow.
