"EU Tax and Customs News in brief
- A joint customs operation, codenamed Diabolo II, conducted in the framework of ASEM (Asia–Europe meeting) has led to the seizure of more than 65 million counterfeit cigarettes and 369,000 other counterfeit items (including shoes and toys). For further information see the press release (IP/10/99) and the frequently asked questions (MEMO/10/23).
- The European Commission has published a new Taxation Paper (No 20) on 'The 2008 financial crisis and taxation policy', which is available from our website.
- A Consolidated version of the VAT Directive (without legally binding value) was recently published in the EU Official Journal."
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