TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

EU: VAT Fraud and Reduced VAT Rates

The EU Council has reached agreement on the fight against VAT fraud and discussed reduced VAT rates, at the monthly meeting of Economic and Finance Ministers held last month.

VAT Fraud:

The Council reached agreement in principle on a general approach on proposals for a Directive and Regulation to strengthen the fight against VAT fraud.

Reduced VAT Rates:

The Council examined a proposal for a Directive amending the rules on reduced rates of VAT, pending an in-depth review of the rules.