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Europe Daily Bulletin No. 8603

11 December 2003
Contents Publication in full By article 20 / 41
GENERAL NEWS / (eu) eu/taxation
Commission agrees to extend current reduced VAT rate for two years

Brussels, 10/12/2003 (Agence Europe) - The European Commission has agreed to extend by two years the current reduced rate of VAT on labour-intensive services, as the Ecofin Council had unanimously requested, as did the European Parliament. It is expected to put forward a proposal next week, which could be approved without discussion by a forthcoming Council (17 December at the Fisheries Council or 22 December at the Environment Council). This extension will allow the nine Member States which...

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