On Wednesday 26 April, the ambassadors of the member states to the EU (Coreper) made considerable progress on the legislative proposal to align reduced rates of value-added tax (VAT) applicable to online publications and hard-copy publications (see EUROPE 11750).
We are “very close” to an agreement, although two or three countries still have a few objections, a diplomatic source told us. The Maltese Presidency of the Council of the EU is aiming to reach a unanimous agreement of...