Reform financial-sector taxation rules, EU lawmakers urge
( July 7, 2026, 13:28 GMT | Official Statement) -- MLex Summary: EU lawmakers have called for the European Commission to review how financial services are taxed, including whether to reform or remove their VAT exemption. In a non-binding report, lawmakers say the current patchwork of national taxes creates costs, legal uncertainty and tax-avoidance risks. They ask for more coherent rules to support cross-border investment while respecting national tax sovereignty.Press release follows. ...
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