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IMF Chief Urges EU VAT Harmonization for Deeper Tax Reform

  • IMF chief Kristalina Georgieva urged the EU to harmonize VAT across Europe as part of deeper tax convergence in the single market.
  • She said VAT has served the EU well and should be aligned more consistently among member states.
  • Georgieva linked VAT harmonization to broader EU tax reform, saying there is “a lot that could be done” to improve tax coordination.

Source: bta.bg

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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