Article 342
Member States may take measures concerning the right of deduction in order to ensure that the taxable dealers covered by special arrangements as provided for in Section 2 do not enjoy unjustified advantage or sustain unjustified harm.
Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax Section 4 — Measures to prevent distortion of competition and tax evasion
Article 343
Acting unanimously on a proposal from the Commission, the Council may authorise any Member State to introduce special measures to combat tax evasion, pursuant to which the VAT due under the margin scheme may not be less than the amount of VAT which would be due if the profit margin were equal to a certain percentage of the selling price. The percentage of the selling price shall be fixed in the light of the normal profit margins made by economic operators in the sector concerned.
Back to Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax — full text
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.