The Commission welcomes the provisional political agreement reached today by the European Parliament and EU Member States on the new Customs Programme for 2021-2027. The new €950 million Programme will help further modernise the Customs Union, equipping it with the tools needed to conduct appropriate controls, keep up with increasing trade volumes and tackle new and emerging forms of fraud. It will contribute to the implementation of the Customs Action Plan adopted in September this year. Paolo Gentiloni, Commissioner for the Economy, said: “This year has proven once more that the Customs Union is crucial for both our lives and livelihoods. Whether to source vaccines and life-saving equipment, or to ensure smooth trade flows with our international partners, we need to ensure that we have modern, digital customs services that protect both trade and the wellbeing of Europeans. Today’s provisional agreement brings us closer to that goal!” A press release and a factsheet are available online.
Source ec.europa.eu
Latest Posts in "European Union"
- Briefing document & Podcast: ECJ C-564/15 (Farkas) – Non-application Reverse-Charge, 50% tax penalty is disproportionate
- Pierrakakis at ECOFIN: Innovation and Digitalization as Europe’s Competitiveness Drivers
- Three Plead Guilty in €6.5 Million Tax Evasion and Money Laundering Case
- Transfer Pricing Adjustments and VAT Implications: Impact of Recent CJEU Decisions
- VAT Treatment of Loyalty Points in Lyko’s Scheme: Not Classified as Vouchers, Says AG Kokott