Brussels, 18/11/2011 (Agence Europe) - On Thursday 17 November 2011, adopting by 484 to 48 with 56 abstentions a joint resolution of the EPP, S&D and ALDE parties on updating VAT rules to encourage a single market in digital matters, the European Parliament considered “that EU law could allow member states to apply, on a temporary basis, a reduced VAT rate to electronically supplied services with a cultural content”.
The EP considered “that the VAT rates applicable to books illustrate...