Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-160-000"
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"en.20111013.19.4-160-000"2
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"The report calls on the Member States to agree by January 2012 on a list of common goods and services that should benefit from tax exemptions or a reduction in the value-added tax (VAT) rate, so moving towards some form of EU-level harmonisation. It draws attention to the importance of a coordinated strategy to improve the fight against tax fraud. According to the report, VAT is a key priority, given the massive losses incurred by Member States, which total EUR 100 billion.
The report also calls on the Commission and the Member States to consider introducing a Europe-wide VAT exemption threshold for small and medium-sized enterprises. Finally, it calls on the Commission to submit, by the end of 2013, a report comprising a binding list of common goods and services eligible for a reduced VAT rate or an exemption under the VAT Directive, on the basis of the findings of the Member States and the VAT Committee. At this stage, that is not the practical result of this report, which is part of a process of deepening fiscal integration, which we do not support."@en1
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