Brussels, 10/10/2005 (Agence Europe) - Work on reduced rates of value added tax (VAT) have resumed in the Council. At the end of September, the UK Presidency proposed to the Member States that negotiations be resumed on the basis of the previous proposed compromise of the Luxembourg Presidency (see EUROPE 8947). In fact, it feels that "this proposal strikes the right balance between the needs of the various delegations" and will have a "minimal" impact on the internal market, as it relates...