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Image header Agence Europe
Europe Daily Bulletin No. 9461
GENERAL NEWS / (eu) eu/taxation

Towards extension until 2010 of certain reduced rate of VAT negotiated by Member States which joined in 2004

Brussels, 04/07/2007 (Agence Europe) - As he announced last week before the European Parliament (see EUROPE 9458), Commissioner Kovács, who is responsible for taxation issues, will present a proposed directive on Thursday 5 July, authorising the member states which joined the Union in 2004 to continue to apply certain reduced rates of value added tax (VAT). This legislative proposal, which aims to modify directive 2006/112/EEC on the VAT system, will accompany the communication which will...

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