The European Commission has announced a one year extension of the pilot project that seeks to improve certainty for small and medium enterprises (SMEs) in cross border VAT transactions. 14 EU Member States (Belgium, Estonia, Spain, France, Cyprus, Latvia, Lithuania, Malta, Hungary, the Netherlands, Portugal, Slovenia, Finland, and the United Kingdom) are participating in the work so far. The project requires EU Member States to give their advance opinion on the VAT treatment of complex cross-border transactions by SMEs; the experiment will be reviewed in June 2014.