Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-164-500"

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"en.20111013.19.4-164-500"2
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"Value-added tax (VAT) is an important source of revenue for the budgets of Member States and the EU, and its effectiveness should be increased. The VAT system needs to be reformed to achieve this aim, which is why I supported this European Parliament resolution. We already have an adequate basis for analysing the practices carried out and the strengths and weaknesses of the existing system, which gives us the chance to take measures to increase its effectiveness and improve its compliance with the requirements of the single market. I share the rapporteur’s view that similar goods and services should be subjected to similar VAT treatment within the EU. I think that drawing up a common list of goods and services which benefit from an exemption or reduced VAT rate would be a positive step towards this. I also support the need to work on improving coordination and cooperation between Member States’ tax administrations and on the wider use of e-government solutions. This would help both streamline operational expenses and reduce administrative burdens, thereby facilitating the battle against tax fraud which affects the European Union’s financial interests."@en1

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