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You focus on taxation rates. Look at the consultation and accompanying documents
Consultation paper: Green Paper on the future of VAT- Towards a simpler, more robust and efficient VAT system (pdf 102 Kb)(102 Kb) .

Reference documents

  • `Commission Staff Working Paper - Future of VAT (pdf 502 Kb)(502 Kb) ' accompanying the Green Paper on the future of VAT
  • Study on the feasibility of alternative methods for improving and simplifying the collection of VAT through the means of modern technologies and/or financial intermediaries (pdf 7.34 Mb)(7.34 Mb)
  • Summary of the study (pdf 125 Kb)(125 Kb)
I am interested in linking this planned reform of VAT with the FactoRepo system that has been introduced in Ecuador and mentioned by Chris Cook here on ET in connection with monetary reform.

Because monetary reform is it.

Now, I don't have the slightest hope that whatever anyone submits to the consultation will be taken on, but until we've taken a stab we won't know whether we can make a contribution.

Not to be rude, but if you can reach the conclusion that

This is a highly technical and specialised area and I'm not sure we're equipped to make a significant contribution.
before, I suspect, reading the consultation document, maybe you can sit this one out.

Of all the ways of organizing banking, the worst is the one we have today — Mervyn King, 25 October 2010
by Migeru (migeru at eurotrib dot com) on Sat Dec 18th, 2010 at 03:15:08 AM EST
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