Brussels, 25/07/2006 (Agence Europe) - On 25 July, the European Commission adopted a draft decision allowing 17 Member States to continue, or to start, applying reduced rates of value added tax (VAT) until 31 December 2010 on some labour-intensive services (see EUROPE 9166). This proposal implements directive 2006/18/EC which modifies directive 77/388/EEC on the common VAT system which was adopted at the start of 2006 following a taxation saga on the renewal of these reduced rates (see...