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Closer VAT cooperation is needed at EU level

The coronavirus pandemic has brought a new era of assertive and expansive government. Countries have increased their deficit and debt levels, which pose threats to medium and long-term development. In order not to go through a process of increased taxation or austerity we need to think of other sources that can help to decrease indebtedness. One of these resources is fighting VAT and tax fraud, but this needs stronger cooperation within the EU.

Source: emerging-europe.com

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