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The European Commission has adopted a new tax package to ensure that the EU tax policy supports Europe's economic recovery from the pandemic and long-term growth. The new package considers the extension of European Union tax transparency rules to digital platforms including the modernisation and the update of Value-Added Tax (VAT) rules to fit the digital economy, the amendment of VAT Directive to move towards a single EU VAT registration system. Also, the Commission seeks to combat VAT fraud by supporting Euro?sc to improve the use of technology and information sharing between Member States.
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