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VAT Action Plan

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Other languages versions: http://ec.europa.eu/avservices/video/player.cfm?sitelang=en&ref=I117324

Value Added Tax adds an enormous one trillion euros to the revenues of EU governments every year. In fact, it's one of the biggest success stories of our Single Market. But our VAT rules need modernising. With the new Action Plan, the European Commission is proposing innovative ideas, especially to make life easier for small businesses.
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