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European Commission Proposes New Rules to Give Member States more Flexibility on VAT Rates and to Create a Better Tax Environment for SMEs

|Proposed Changes|European Union
European Union

On 18 January 2018, the European Commission issued a release announcing proposals to give Member States more flexibility to set VAT rates and to create a better tax environment to help SMEs. Also published are a fact sheet Q&A on the proposals, and fact sheets on the new rules for VAT rates and the new VAT rules for small businesses. The following are the main points of the proposals as…

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