Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-09-07-Speech-3-133"

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"en.20050907.15.3-133"2
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". I welcome the proposal for a Council regulation amending Regulation (EC) No 1798/2003 as regards the introduction of administrative cooperation arrangements in the context of the one-stop scheme and the refund procedure for VAT. The aim of simplifying VAT is an admirable one. I support the various amendments striving to establish better cooperation between taxable persons and tax administrations, also those that help to improve cooperation between Member States’ tax authorities. The Rapporteur suggests to introduce a minimum limit of EUR 50.000 for exemption from VAT. The suggestion concerns only first 3 years of the activity of a newly established SME. This new lower bound of exemption contributes to SME's brisker economic performance, generating more employment across the EU, further realising the Lisbon objectives."@en1
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