Tuesday, October 19, 2010

EU Commission Proposes European-wide VAT

The European Commission proposed Tuesday the creation of a Europe-wide value-added tax as part of a package of proposals to find new sources of revenue for the next European Union budget.

Can U.S. officials be far behind with their own VAT proposals?

1 comment:

  1. It's like dumb and dumber over there. After all of this time, they still don't understand that higher/more taxes especially in this environment just doesn't work.