The European Parliament approved legislation: New rules for modernizing VAT in digital age!

by Andrea
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The European Parliament (EP) on Wednesday in Strasbourg approved a large majority of votes new rules for the modernization of VAT in digital age (Vida). It is an agenda whose newsletter is Slovak MP Ľudovít ódor (Let’s Renewal Europe/PS), informs the Brussels newsletter TASR.

For the adoption of Vida rules, which mean a fundamental reform at the time of digitization to simplify VAT -related processes throughout the EU, It voted 589 MEPs, 42 was against and ten abstained.

Óror pointed out that Members of all factions voted for the new legislationbut against the new rules, for example, was Seven Slovak MEPs -Both of the Republic, from the fraction of Europe of sovereign nations (ESN), as well as all five deputies for Smer-SD, who are not included in the European Parliament.

“We will reduce the bureaucracy at the level of the EU and make it difficult for billions of VAT fraud, the so -called carousel frauds that have been conducted among the EU Member States,” Explained by óror, who became the EP rapporteur for this legislation on behalf of the Liberal Fraction Renewal of Europe (RE) on Tuesday last week.

MEP stated that the EU legislature with the removal of these rules “walking in the right direction”, For it supports efforts to lose about 20 billion that the Union loses VAT fraud every year, were used for “correct purposes”. In his words In practice, it will mean more money for the state budgets of the euroblock member countries.

Óror paused over a negative vote, especially by Smer-SD deputiesbecause the Minister of Finance of the Slovak Republic Ladislav Kamenický from the same page withdrew the new rules on the EU Council in Brussels.

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