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Image header Agence Europe
Europe Daily Bulletin No. 9326
Contents Publication in full By article 17 / 36
GENERAL NEWS / (eu) eu/taxation

Commission to propose review of rules governing VAT exemption for financial services mid-2007

Brussels, 12/12/2006 (Agence Europe) - On Monday 11 December, the Commission published a study by the consultancy firm, PriceWaterhouse Coopers, in order to better understand the economic impact engendered by the Value Added Tax (VAT) exemption enjoyed by financial and insurance services. The study is part of a broader consultancy exercise conducted during 2006 (see EUROPE 9190). It backs up the Commission's resolve to launch a legislative proposal amending the VAT directive towards...

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