1 Amendments of Miguel VIEGAS related to 2018/0006(CNS)
Amendment 19 #
Proposal for a directive
Recital 4 a (new)
Recital 4 a (new)
(4a) Micro, small and medium-sized enterprises are of fundamental importance in the economic activity of the Member States and are responsible for the creation and maintenance of a significant part of the resulting employment and wealth. It is thus crucial to avoid any situation liable to cause cash-flow problems for such companies. For example, regimes levying VAT on a cash basis for companies (considered passive VAT payers) with turnover of less than or equal to EUR two million could be set up.