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Europe Daily Bulletin No. 8207

8 May 2002
Contents Publication in full By article 18 / 50
GENERAL NEWS / (eu) eu/taxation
Council adopts regulation and directive harmonising VAT on online services

Brussels, 07/05/2002 (Agence Europe) - The ECOFIN Council has formally adopted a directive and a regulation on goods and services supplies online like games, films, music, software, the hosting of websites and remote programme maintenance. The new directive sets out that suppliers resident in the EU will not be subject to VAT when selling products outside the EU in order to ensure that EU suppliers remain competitive. Both European and non-European suppliers, however, selling within the...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION