EU Digital Single Market

  • May 27, 2016
  • EU

New Changes are expected to be made regarding EU concept for a unified single digital market.

VAT is affected by the reform to a more simplified cross border e-commerce concept.  EU VAT income in 2014 was 1 trillion and represents 7% of EU GDP.  As it has been estimated the new VAT system can reduce fraud around to 40 million.

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AFN Team

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