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Image header Agence Europe
Europe Daily Bulletin No. 12848
ECONOMY - FINANCE - BUSINESS / Taxation

Political agreement in EU Council on a new regulatory framework for reduced VAT rates

After almost four years of work, EU Finance Ministers unanimously agreed, on Tuesday 7 December, on a proposal for a directive reforming the European system of reduced rates of value added tax (VAT) (see EUROPE B11940A15).

I conclude that we all agree with the compromise text”, said the Slovenian Finance Minister, Andrej Šircelj, after the public debate.

He listed the main elements of the agreement: - member States will have “more flexibility” to choose the products or services to...

Contents

SOCIAL - YOUTH
EU RESPONSE TO COVID-19
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
SECURITY - DEFENCE
NEWS BRIEFS