What Problems Do Businesses Face Under The Current System?

1.	What Problems Do Businesses Face Under The Current System?
Answer» BUSINESSES that want to operate cross-border within the EU face additional VAT obligations and must apply special VAT rules which do not affect businesses working only at DOMESTIC level. This creates higher compliance costs and administrative burdens for businesses working in more than one MEMBER State, and can act as a deterrent for businesses (in particular SMEs) from taking full advantage of the INTERNAL Market. Businesses that want to operate cross-border within the EU face additional VAT obligations and must apply special VAT rules which do not affect businesses working only at domestic level. This creates higher compliance costs and administrative burdens for businesses working in more than one Member State, and can act as a deterrent for businesses (in particular SMEs) from taking full advantage of the Internal Market.

Answer»

BUSINESSES that want to operate cross-border within the EU face additional VAT obligations and must apply special VAT rules which do not affect businesses working only at DOMESTIC level.

This creates higher compliance costs and administrative burdens for businesses working in more than one MEMBER State, and can act as a deterrent for businesses (in particular SMEs) from taking full advantage of the INTERNAL Market.

Businesses that want to operate cross-border within the EU face additional VAT obligations and must apply special VAT rules which do not affect businesses working only at domestic level.

This creates higher compliance costs and administrative burdens for businesses working in more than one Member State, and can act as a deterrent for businesses (in particular SMEs) from taking full advantage of the Internal Market.

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