Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-268"

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"en.20101123.33.2-268"2
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"This report concerns the proposal for a Council directive amending Directive 2006/112/EC on the minimum standard value added tax (VAT) rate of 15%, extending for another five years the current period – which was to expire at the end of this year – because they could not reach agreement on definitively standardising VAT rates. However, the rapporteur has taken the opportunity to give the Council some suggestions, specifically about the new VAT strategy, which he believes should aim at ‘removing tax obstacles and improving the business environment, particularly for small and medium-sized and labour-intensive enterprises, whilst ensuring the robustness of the system against fraud’. He also takes the opportunity to insist that the Council should move towards a definitive system before 31 December 2015, while the Commission should submit legislative proposals to replace the current transitional rate by 2013 We will monitor this issue extremely closely, given the potential negative implications which the proposal that emerges in 2013 could have."@en1

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