trade
The European Commission unveiled plans on 23 October to standardise VAT returns across the Union from 2017. Under its plans, there would be five mandatory information boxes to be completed (chargeable VAT, deductible VAT, net VAT amount, total value of input transactions and total value of output transactions) although member states would be allowed to ask for up to 21 further pieces of information if they wished. Brussels also wants ...
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The European Union reached an agreement in principle on a comprehensive economic and trade agreement (CETA) with Canada on 18 October. It would remove tariffs from about 93% of products in the EU including wines, spirits and chocolate although there will be larger annual quotas on beef, pork and sweetcorn ...
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