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Europe Daily Bulletin No. 9493

4 September 2007
GENERAL NEWS / (eu) eu/taxation/vat

03/09/2007 (Agence Europe) - On Monday 3 September, the Commission adopted a draft decision authorising the Netherlands to continue to allow the main sub-contractor to delay paying value added tax (VAT) in the clothing industry. This draft decision amends directive EC/2006/112 on the harmonised VAT system. The Netherlands will have to submit a report setting out an overall assessment of the effectiveness of this measure and its impact on relocations of sub-contracting activities in the...

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