Press Release: VAT: the Commission may prosecute Greece for failing to notify the transposition of two VAT Directives into national law

The European Commission decided to send Greece two reasoned opinions, the second stage in the infringement procedure provided for in Article 226 of the EC Treaty, for failing to notify transposition measures on the one hand under Council Directive 2006/69/EC of 24 July 2006 relating to certain measures to simplify the procedure for charging value added tax and to assist in countering tax evasion or avoidance, and repealing certain Decisions granting derogations, and on the other hand under Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax.