European Parliament legislative-initiative reports drawn up on the basis of Article 225 of the Treaty on the Functioning of the European Union are automatically accompanied by a European added value assessment (EAVA). Such assessments are aimed at evaluating the potential impacts, and identifying the advantages, of proposals made in legislative-initiative reports.
This EAVA accompanies a resolution based on a legislative-initiative report prepared by the European Parliament’s subcommittee on Tax Matters (FISC), presenting recommendations to the European Commission on avenues to follow to support the Next Generation EU recovery strategy and reduce the VAT gap in the EU by means of fair and simpler taxation. The main purpose of the EAVA is to identify possible gaps in European Union (EU) legislation. The various policy options to address such gaps are then analysed and their potential costs and benefits are assessed.
Source : © European Union, 2021 – EP