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Europe Daily Bulletin No. 8663

11 March 2004
Contents Publication in full By article 14 / 42
GENERAL NEWS / (eu) eu/taxation
French "non-paper" on application of reduced VAT rates for recorded music

Brussels, 10/03/2004 (Agence Europe) - Tuesday's Ecofin Council spent just one minute on the reduced VAT dossier (see yesterday's EUROPE, p.7). The French delegation used this minute to send round a "non-paper" in favour of the application of a reduced rate of VAT for recorded music. Arguments put forward by Paris: possible distortions of competition brought about by the operation on the internal market would be negligible, and the European Commission itself recognises that different...

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