The European Commission awarded a contract in November 2005 to a consortium composed of t TARKI (Social Research Institute in Hungary), CASE (Center for Social and Economic Research in Poland) and CEPS to analyze the socio-economic developments and the process of structural reforms in what were...

This paper assesses the potential effects of introduction of the reduced VAT rate for small business, based on the EU VAT legislation development. The analysis includes effects on prices, sales, shadow economy and employment. It starts with the assumption of no substantial effect. Survey for...