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Europe Daily Bulletin No. 8495

2 July 2003
Contents Publication in full By article 13 / 34
GENERAL NEWS / (eu) eu/taxation
New VAT regime applicable to electronic commerce comes into force

Brussels, 01/07/2003 (Agence Europe) - On 1 July, the new Community regime (a directive and a regulation) applicable to certain services provided by electronic means as well as to radio and TV broadcasting provided on the basis of a subscription or à-la-carte, came into force. The new rules stipulate that, when services of this kind are supplied for consumption within the European Union, they will be subject to EU VAT, and that, when they are supplied for consumption outside the EU, they...

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