Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-167-718"

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"en.20111013.19.4-167-718"2
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"I welcome this resolution because a simpler, more robust and efficient VAT system must be established and function effectively in the European Union, and be beneficial to citizens, companies and Member States alike. VAT plays an important role in ensuring economic stability and growth, and we therefore need to stop VAT fraud, reduce the bureaucratic burden on taxpayers and administrators, and eliminate barriers to the smooth functioning of the internal market. I believe that in today’s economic climate, it is also appropriate to apply a lower VAT rate to energy-efficient and environmentally-friendly products and services. It is also very important to ensure that, by the beginning of next year, Member States agree on a list of common goods and services that should benefit from VAT exemptions or a reduction in the VAT rate, and the Commission should submit a report on this list by the end of 2013."@en1

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