Work in the EU Council on the European Commission’s 2018 proposal to give Member States the freedom to set reduced, super-reduced and zero VAT rates (see EUROPE B11940A15) is progressing, although a number of issues remain open.
According to a compromise text from the Portuguese Presidency of the EU Council, dated 13 April and seen by EUROPE, the text proposes to maintain a positive list of products and services eligible for reduced rates, whereas the Commission had proposed a negative...