OrbitaxEuropean Commission Proposal to Make Minimum 15% Standard VAT Rate Permanent
|Proposed Changes|European Union
On 20 December 2017, a proposal from the European Commission was published for a Council Directive to amend the EU VAT Directive (Directive 2006/112/EC) to make permanent the minimum standard VAT rate of 15%. Currently, the minimum standard rate of 15% is a temporary provision of the VAT Directive that was adopted as part of transitional rules and has been extended multiple times. The most rec…
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