03/05/2016
The European Defence Agency has reached an agreement with the Belgian Government so as the ad-hoc projects and programs obeying certain conditions will be exempt of Value Added Tax. After a long process that lasted several years, this measure will motivate Member States to cooperate in the development of capability development projects meanwhile it doesn’t pose a market distortion, as dictated by the European authorities.
Author: David Ramírez Morán
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