Malta's Ministry for Finance has made obtaining VAT refunds on items bought in Malta easier for international travelers, following the signing of an agreement with tax-free shopping operator Fintrax Group.Read Full Story
Just one EU member state has increased its headline VAT rate since 2014, indicating that states are no longer looking to VAT to fund other growth-friendly reforms, as had been seen in previous years.Read Full Story
The European Union statistics agency, Eurostat, has released new figures concerning member states' tax revenue collections and their tax mixes for 2015.Read Full Story
Malta will take forward the EU's proposals on VAT reform when it assumes the Presidency of the Council of the EU in January 2017, the territory's Minister of Finance, Edward Scicluna, told a recent conference. Read Full Story
On October 12, the Italian financial police said it had broke up a value-added tax fraud ring allegedly involved in transactions totaling EUR930m, through 180 companies in 15 European Union (EU) countries.Read Full Story
The European Commission has released a paper recommending improvements to France's "inefficient" value-added tax system, including that the country do away with broadly applying reduced VAT rates.Read Full Story
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