Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-08-Speech-1-130"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-02-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Administrative cooperation in the field of taxation - Mutual assistance for the recovery of claims relating to taxes, duties and other measures - Reverse charge mechanism: goods and services susceptible to fraud - Promoting Good Governance in Tax Matters (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20100208.14.1-130"2
lpv:hasSubsequent	lp_eu:2010-02-08-Speech-1-9992
lpv:speaker	lp:Sebastian Valentin Bodu2
lpv:spokenAs	member; Delegation for relations with Canada (2009-09-16--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; INTA (2009-07-16--2011-08-28)3 vice-chair; JURI (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the countries of South Asia (2009-09-16--2014-06-30)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-03-24)3
lpv:translated text	"VAT fraud is a criminal activity which has a huge impact on budgets, with illegal refund schemes being used in all Member States, Romania being no exception (for example, carousel fraud). The reverse charge system introduced by some Member States, including Romania, has worked very well. However, it was also necessary to adapt VAT Directive 2006/112/EC to the current situation in order to keep the risk of illegal VAT refund schemes (the type based on fictitious exports) to an absolute minimum. This is why applying a reverse charge to products at a high risk of tax fraud is a reliable procedure which has a positive overall impact on the budget, even though there is a delay in payment to the national budget of the VAT accruing on the transactions liable for such a tax. In conclusion, faced with the choice between receiving the VAT only at the end of the economic cycle when the finished product or service reaches the end user and avoiding fraud involving illegal VAT refunds, the first option is the correct choice. The ideal scenario would be for the reverse charge to be applied as a rule rather than the exception. However, this step should be taken after an in-depth analysis of the impact on the budget."@en1

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