On 23 October 2013, the European Commission tabled a legislative proposal(1) for a standard value added tax (VAT) return. The Commission states that the aim of the standard VAT return is to reduce administrative burdens for business, ease tax compliance and make tax compliance across the European Union (EU) more efficient. The proposal envisages a simplified and uniform set of information that businesses will have to provide to tax authorities when filing their VAT returns, regardless of the Member State of submission. The standard VAT return, which will replace national VAT returns, will ensure that businesses are asked for the same basic information, within the same deadlines, across the EU.
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