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EU moves to align insolvency rules across member states

EU cuts red tape for businesses

Simplification measures to save EU businesses €400 million ($452 million) annually. The European Commission has announced its fourth Simplification Omnibus package, a suite of proposals designed to reduce administrative costs for businesses across the EU by €400...
EU VAT reform targets online imports

EU VAT reform targets online imports

New rules aim to curb duty evasion and boost compliance via one-stop system. The Council of the European Union has agreed a general approach to new VAT rules designed to simplify tax collection for distance sales of imported goods into the EU. The move aims to close...