The European Union has agreed to reform rules on value-added taxes, ending a five-year stalemate between member states on the issue.
On Tuesday (4 December), EU finance ministers met in Brussels and unanimously agreed to overhaul EU-wide rules on value-added taxes (VAT).
"Today we have reached an agreement on the VAT package, which means we have been able to introduce a significant change into the taxation system for VAT," Portuguese finance minister Fernando Teixeira dos Santos s...
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