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Europe sees stable annual growth

According to Eurostat, Europe’s economy is recovering from 2011 crisis by mounting gradually. The big acceleration has been driven by a rapid growth of France and Italy economic indicators. At the same time, Germany, the Netherlands and Spain have achieved…

VAT Fact Guide created for US companies

A Value Added Tax (VAT) is a tax on the purchase price of a final product, material or service. Over 150 countries have introduced VAT system, and consequently, the revenue streams have sharply increased by approx. 20% of global tax…

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