PURPOSE: to recast the Sixth VAT Directive for the sake of clarification without changing the substantive content of the Directive's provisions.
LEGISLATIVE ACT: Council Directive 2006/112/EC on the common system of value added tax.
CONTENT: the Council adopted a directive recasting the directive on the EU system of value added tax (the "sixth VAT directive") with a view to enhancing clarity, rationality and simplification of legislation in this field.
ENTRY INTO FORCE: 01.01.2007.
TRANSPOSITION: 01.01.2008.