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Europe Daily Bulletin No. 8828

17 November 2004
Contents Publication in full By article 20 / 30
GENERAL NEWS / (eu) eu/ecofin/taxation/vat
Ecofin Council examines question of reduced rates and simplification of declaration formalities

Brussels, 16/11/2004 (Agence Europe) - At France's request, Tuesday's Ecofin Council discussed the question of reduced rates of taxation on Value Added Tax (VT). This reactivation of the debate aims to overcome the impasse in negotiations on the legislative proposal made by the Commission in this field. Council President Gerrit Zalm acknowledged that "the debate is complex. There are many differences due to the diametrically opposed interests at stake". The Commission's proposal of July 2003...

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