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Europe Daily Bulletin No. 9696

4 July 2008
GENERAL NEWS / (eu) eu/taxation
Commission wants to give more room for manoeuvre to member states on deciding reduced VAT levels

Brussels, 03/07/2008 (Agence Europe) - Attending to the most urgent things first, the draft directive that European Commission will submit on Monday 7 July does not aim to provide order to the European tangle of reduced rates of value added tax (VAT), in contrast to the debate launched a year ago by the European institution (EUROPE 9462). This approach is due to a current lack of data on behalf of the Commission, particularly those on products and energy saving services and the absence of...

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