Friday, May 22, 2015

EU rejects Italy, not a “reverse charge” against VAT Directive, hole … – The Messenger

The European Commission has informed the Council that opposes the Italian request for a derogation to extend the ‘reverse charge VAT to supermarkets because it is not in line with Article 395 of the VAT Directive.
This was communicated by the European Commission explaining that the ‘split payment’ is still under examination. The measure is 728 million in the budget.

For the Commission, “there is sufficient evidence that the requested measure would help to combat fraud. And it is also of the opinion that such a measure would imply a high risk of shifting of fraud to the retail sector and other states, “said Vanessa Mock, spokesperson for Commissioner taxation Pierre Moscovici. Brussels, says the communication sent to the Council, “has always had a cautious approach to ensure that the exemptions do not go to undermine the operation of the general VAT system, which are limited, necessary and proportionate.

Any deviation from the system of fractioned payment can not be that an emergency measure and ‘last resort in cases of proven fraud, and should offer guarantees on the need and exceptional nature of the derogation, the duration of the measure and the nature of the products. The procedure of ‘reverse charge should not be used systematically to mask inadequate supervision of the tax authorities of a State. “

The Commission” has reason to doubt that blanket application and global’ reverse charge to a large number of products, in this case mainly for consumption end, could be considered a special measure provided for in Article 395 of the VAT Directive. ” Moreover, the Commission “has serious doubts that the measure would have the positive impact they expect the Italian authorities,” because it is suitable for the prevention of ‘carousel fraud, but not of any other leading evasion of VAT. Finally, “the Italian authorities have not shown” that for the type of goods in question is impossible to control through conventional means, which would have justified the need for implementation of the reverse charge.

“The safeguard clause will not fire under any circumstances” : assured him, “strongly”, the Prime Minister Matteo Renzi to Target Mobile La7 while saying he did not agree with the position u. The decision on the reverse charge, ‘as he said Padoan, was quite expected and discussed in the Stability Law ‘, continued Renzi, that He stressed: “ On the 728 million are very quiet because they are also a measure that weighs on a budget of 728 billion … There will be no problem, we are thinking where to take them.”

 22 May 2015 18:46 – Last Updated: 0:29

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