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Attorney Villy Lopman in Äripäev: “Thousand euro legislation no solution to problems”

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Attorney Villy Lopman in Äripäev: “Thousand euro legislation no solution to problems”

Villy Lopman, attorney at RASK Atttorneys-at-Law, explained in his comment to Äripäev that it is not possible to solve a problem as difficult as VAT fraud simply by adding a single paragraph to the Value-Added Tax Act. Combating VAT fraud should involve solutions from different angles, including the expansion of the reverse charge, cutting the VAT rate and establishing supplementary securities, and all this should be area-specific.

“Unfortunately, the 1000-euro legislation only illustrates how little the state understands the actual causes and problems associated with tax fraud,” commented Villy.