EU Parliament Report Advocates Simplifying VAT Rules

• The European Parliament is preparing a report on tax rules and fragmentation in European competitiveness
• The report will be voted on in July
• MEP Michalis Hadjipantela from Cyprus prepared the draft report
• The report emphasizes the need for simplification, digitalisation, and cooperation in the EU tax agenda
• Key recommendations include simplifying VAT rules, enhancing digitalisation with AI, and addressing cross-border tax obstacles

Source: mailchi.mp

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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