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Europe Daily Bulletin No. 8541

13 September 2003
Contents Publication in full By article 39 / 47
GENERAL NEWS / (eu) eu/ecofin
Last offensive by music professionals to obtain VAT cut on CDs

Brussels, 12/09/2003 (Agence Europe) - Music professionals have once more called on Finance Ministers meeting in informal Council in Stresa (Italy) to discuss above all the matter of reduced VAT rates (see EUROPE of 12 September, p.11) in order to seize this opportunity to lower VAT on CDs. In a very firm comuniqué, all recording professionals together, both independent and "major", retailers and producers, recall that VAT on sound recordings is currently 15% to 25% whereas the other...

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