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Europe Daily Bulletin No. 9836

10 February 2009
Contents Publication in full By article 11 / 39
GENERAL NEWS / (eu) eu/taxation
Study ordered by Commission sceptical about benefits of reduced rates of VAT applied to low-energy products

Brussels, 09/02/2009 (Agence Europe) - At the end of January, the European Commission published a study by the consultancy bureau Copenhagen Economics on the impact on the internal market and the fight against climate change of applying reduced rates of value-added tax (VAT) to more environmentally friendly products. This study is sceptical as to the benefits of a measure of this kind. "All in all, we are sceptical about the merits of reduced VAT rates on energy-efficient products. First,...

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