Tag Archives: tax

  • courtesy 401kcalculator.org via Flickr

    Fighting for tax transparency in Europe

    The fight continues against tax-dodging and secrecy for multinational corporations, with an important vote in Parliament yesterday. My colleague Anneliese Dodds MEP, together with Rachel Reeves MP, wrote about this in the Times this week. The full article is not free, but the extract below summarises the key issues: Labour MEPs have pressed the case […]

  • Open sign

    Response from the Commission on VAT

    Readers of this blog will know that I’ve been providing regular updates on the work Labour MEPs are doing to address the so-called VAT-MOSS issue, where originally well-intentioned changes to cross-border VAT rules have ended up affecting small and micro-businesses severely and disproportionately. I’ve raised the problem in conversations with Frans Timmermans, First Vice-President of […]

  • Pound coins

    Progress on VAT issues

    The VAT-MOSS issue was raised today in a debate in the European Parliament by a number of MEPs. Encouragingly, European Commission Vice-President Timmermans, responding to the debate, confirmed that the Commission was taking these concerns very seriously, and that they had started to work on it even before David Cameron raised the issue at last […]

  • by JLogan via Wikimedia Commons

    Cracking down on tax dodging

    The total amount lost to national exchequers through tax evasion and tax avoidance is greater than all the public deficits of national governments in Europe added together. Dodging tax, whether illegally or via legal loopholes, is immoral not only in itself but also because of the damage it does to our economy. So Labour MEPs […]

  • Tax calculator

    More on small businesses and VAT

    New Europe-wide rules for VAT came into force this month, having been debated and agreed by EU countries back in 2008. Among other things, the rules introduce a requirement for EU businesses selling digital services to charge VAT to online customers in other European countries at the rate that applies in the buyer’s country, rather […]

  • Tax calculator

    Small businesses and VAT

    From 2015, EU countries have agreed a change to VAT rules in the single market. Until now, companies who sell across borders have usually been able to charge (and pay) VAT at the rate of their home country. This has allowed large multinational corporations to base themselves in countries with the lowest rates of VAT […]