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Europe Daily Bulletin No. 7732

7 June 2000
Contents Publication in full By article 20 / 60
GENERAL NEWS / (eu) eu/taxation
Commission expected to adopt on Wednesday its proposal on taxation of e-commerce transactions

Brussels, 06/06/2000 (Agence Europe) - The European Commission is expected to present on Wednesday its proposal on VAT for purchases made on the internet. Based on the generally accepted principle that electronic services should be taxed in the place of consumption, this proposal is meant to correct the existing situation, which is very disadvantageous to European companies. Foreign companies would have to pay VAT when they sell their services in the EU, which is not the case at present....

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