About: Algirdas Šemeta

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Economy & Jobs 25-10-2013

Commission proposes standard VAT declaration for EU companies

The European Commission presented on Wednesday a new proposal to standarise VAT return for business and companies across Europe. Aiming at slashing red-tape for businesses, ease tax compliance and make tax administrations across the Union more efficient, this new regulation can cut costs for EU businesses by up to €15 billion a year, according to the EU's executive.
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EU Priorities 2020 15-05-2013

Economic and Financial Affairs press conference – April 2013

European Union finance ministers approved a €7.3-billion increase in the bloc's spending for 2013 on Tuesday (14 May), as part of a deal to unblock talks on the EU's next long-term budget. EU ministers also negotiated agreements on updated EU-wide rules on the taxation of savings.
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EU Priorities 2020 22-01-2013

FTT deal ignites debate on how to allocate funds

EU finance ministers on Tuesday gave the green light for the 11 countries to move forward with a harmonised FTT, opening a tricky debate on how the money should be used.
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Economy & Jobs 12-09-2012

Šemeta: Fiscal union involves tax cooperation

Creating a fiscal union will require greater cooperation on taxation and tax evasion, Taxation Commissioner Algirdas Šemeta tells EURACTIV in an exclusive interview.
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