News
VAT Service update
Article Date: 05 November 2010
Austria : REMINDER distance selling threshold drops from Euro 100k to Euro 35k per annum
EU : Council agrees to formation of European-wide VAT police, Eurofisc, to combat fraud
EU : proposes 1% VAT to contribute to Commission budget
Malaysia has been forced into a Service Tax increase. It is joined by Jersey. Lithuania is also rumoured to face a 1% increase to 23%.
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