Tax & Accounting Blog

EU VAT Compliance: How Many Boxes does a VAT Return Need?

EU VAT Compliance: How Many Boxes does a VAT Return Need?

In 2013 the European Commission (the Commission) announced a plan to standardize and simplify the VAT returns amongst the Member States in order to diminish the administrative burden faced by the businesses in the European Union (EU) by establishing a uniform set of rules for filling VAT returns. However, after years of discussion, the Commission … Read More

Greek VAT: Creditors pressure driving tax changes

Greek VAT: Creditors pressure driving tax changes

Greek officials have announced that the country will adopt a series of tax and economic measures in order to comply with fiscal targets agreed with its creditors. On negotiations held last month Greece and the representatives of the institutional creditors (European Commission, European Central Bank, International Monetary Fund and European Stability Mechanism) agreed on … Read More