Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-249"

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"en.20100210.25.3-249"2
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"I welcome the application of the reverse charge VAT system. However, I discern an error in it. For example, subject A sold something to subject B. Subject B sold it to subject C. Subject C sold it to the end consumer or non-payer of VAT. Meanwhile, subject A does not pay VAT, as he is not the end-seller. Only subject C selling the final goods to the consumer pays VAT. The crux of this is that subject B is not taxed at all although the basis of his business is to buy low and sell high. Therefore, it is being proposed that subject B should pay VAT on the price difference to the state’s treasury. This scheme has many positive points, with one exception: no one will apply to the treasury for a VAT refund, but if subject C is a fraudster, then he simply will not pay VAT as the final seller. In other words, by applying the reverse charge VAT system, there will not be a negative balance, as no one will apply for a VAT refund and I feel that it will be very easy to administer this scheme, as state tax inspectorates will very easily be able to reveal the difference in the prices of goods. If I am mistaken, I would be very grateful for a written reply on the suitability or inadequacy of the scheme I have proposed."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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