Member States' ambassadors to the EU (Coreper) on Wednesday 30 October endorsed the proposal for a directive to exempt supplies to armed forces participating in a European defence effort from value added tax (VAT) and excise duty (see EUROPE B12241A16). The EU Council is expected to formally adopt, without discussion, its position ('general approach') at the Ecofin Council on 8 November.
It proposes to amend the two VAT and Excise directives to rule that armed forces deployed outside of...