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In a number of countries, accountants provide tax services to their clients. FEE therefore needs to closely follow developments in all tax legislation across Europe.
In addition, Value Added Tax is an EU tax and has a significant impact on financial reporting used by tax administrations in their review of the collection and control of the tax. Indirect taxation issues are, as a consequence, closely monitored by FEE.
The Indirect Tax Working Party deals with EC policy initiatives and pre-empts EU policy changes, analyses ECJ decisions, European legislation impacting national case law, work of the European Parliament, work of Member States’ tax administrations and activities of the OECD in the indirect tax field.
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