Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-119-000"
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"en.20111013.19.4-119-000"2
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"Madam President, the legal mechanism devised as a temporary solution for adapting the value-added tax (VAT) system to the abolition of the internal borders is showing its limitations and shortcomings. There is a high level of exposure to fraud, a problem that must be solved as soon as possible. Furthermore, if we think about the considerable increase in commercial transactions between tradespeople based in different Member States and about the rise in the provision of cross-border services, reform of the VAT system appears obvious and inevitable.
I voted for Mr Casa’s report, but I still believe that the reverse charge mechanism needs to be explored further. In particular, we are not currently able to forecast what the effects would be of concentrating the financial risk exclusively on the retailer."@en1
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