The Commission welcomes the provisional political agreement reached today by the European Parliament and EU Member States on the new Customs Programme for 2021-2027. The new €950 million Programme will help further modernise the Customs Union, equipping it with the tools needed to conduct appropriate controls, keep up with increasing trade volumes and tackle new and emerging forms of fraud. It will contribute to the implementation of the Customs Action Plan adopted in September this year. Paolo Gentiloni, Commissioner for the Economy, said: “This year has proven once more that the Customs Union is crucial for both our lives and livelihoods. Whether to source vaccines and life-saving equipment, or to ensure smooth trade flows with our international partners, we need to ensure that we have modern, digital customs services that protect both trade and the wellbeing of Europeans. Today’s provisional agreement brings us closer to that goal!” A press release and a factsheet are available online.
Source ec.europa.eu
Latest Posts in "European Union"
- Comments on ECJ C-472/24: In-game gold: AG Kokott’s advice on VAT exemption, vouchers & margin scheme
- AG Kokott’s Opinion: VAT Exemption, Vouchers, and Margin Scheme for In-Game Gold Trading
- EU Reaches Agreement on 2028 Customs Reform
- VAT and Transfer Pricing: ECJ’s Arcomet Decision Clarifies Intra-Group Service Remuneration and VAT.
- VAT on Transfer Pricing Adjustments: Importance of Detailed Documentation in Court Rulings