Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-165-500"
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"en.20111013.19.4-165-500"2
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"The VAT system, which is based on legislation adopted at European level and applied at national level, suffers from numerous shortcomings which do not make it fully efficient and compatible with the requirements of a true single market. This report, which I voted for, suggests some improvements. The measures that have been suggested in the report include: abolishing the annual summarising of VAT returns and intra-EU acquisition listings; reducing the frequency of the periodic VAT returns; simplifying the proof required for VAT export exemptions; abolishing ‘nil’ intra-EU sales listings; increasing the use of e-government solutions, in particular, for the electronic submission of VAT returns and lists; abolishing interest and penalty payments on VAT related to errors of form if the individual legal entity has not caused the Member State in question to suffer any shortfalls in revenue."@en1
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