Strasbourg, 11/12/2007 (Agence Europe) - On Tuesday 11 December, the European Parliament adopted the consultative report by Ieke van den Burg (PES, Netherlands), approving the extension, until the end of 2010, of certain lower rates of value added tax (VAT) negotiated by five member states when they joined the EU in 2004. Last week the Ecofin Council gave its unanimous approval (see EUROPE 9559). As part of the drive to simplify and rationalise the confusion of European reduced rates of VAT,...