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Europe Daily Bulletin No. 9855

6 March 2009
GENERAL NEWS / (eu) eu/taxation
Czech Presidency presents reduced list of labour intensive services to benefit from reduced VAT levels

Brussels, 05/03/2009 (Agence Europe) - At the start of the week, the Czech Presidency submitted a draft agreement on the revision of European rules governing reduced rates of value added tax (VAT) (see EUROPE 9837). It suggests a more restrictive approach through the following reduced list of labour intensive services which might permanently benefit from lower taxation: - services for which reduced VAT rates have been authorised until the end of 2010 (annex IV of the VAT directive,...

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