Common system of value added tax (VAT): duration of the obligation to respect a minimum standard rate

The dossier concerns the common system of value added tax (VAT) and the duration of the obligation to respect a minimum standard rate. The amendments propose alternative end dates for the period during which the standard rate may not be lower than 15%, regret the retroactive application, replace 'Community' with 'Union', amend measures against tax evasion involving close ties, and require reports on reduced rates for locally supplied services.