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Brussels proposes an EU VAT from 2014
BRUSSELS : The European Commission on Wednesday proposed the creation of a European Union sales tax from 2014, part of e
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The new VAT would be levied across the 27-nation bloc, with a fixed percentage raised by governents and transferred directly to the EU during the next seven-year budget, from 2014 to 2020.
Copyright AFP (Agence France-Presse), 2011