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Europe Daily Bulletin No. 8513

29 July 2003
Contents Publication in full By article 21 / 30
GENERAL NEWS / (eu) eu/taxation
Infringement proceedings against Germany and Austria for restrictions on the right of taxable persons to deduct VAT

Brussels, 28/07/2003 (Agence Europe) - The Commission has decided to initiate infringement proceedings against Germany for failing to take the necessary measures to comply with the judgment delivered by the Court of Justice on 15 October 2002 giving producers of goods the right to deduct value added tax (VAT) in respect of the money-off vouchers which they issue. Proper application of the principles of VAT in this area enables producers of goods (everyday articles such as cosmetic products...

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