European Parliament Votes to Allow Reduced VAT Rates on E-Publications

June 16, 2017 Charles Riordan

By a vote of 590 to 8, with 10 abstentions, the European Parliament has formally agreed to allow Member States the option of applying reduced VAT rates on electronic books, newspapers and periodicals. This proposal, as put forth by the European Commission, is designed to bring the VAT treatment of e-publications in line with the VAT treatment of printed publications. Under the EU VAT Directive, Member States are currently allowed to apply reduced rates or even zero-rates to printed material, but must apply standard rates to all “electronically supplied services,” including e-publications.

The VAT rate on e-publications has long been a contentious issue in the European Union, and various Member States have lobbied for the ability to reduce-rate these items. The Commission’s proposal is scheduled to be heard by the European Council on June 16 for final approval.  

The post European Parliament Votes to Allow Reduced VAT Rates on E-Publications appeared first on Sovos.

Previous Article
German Ministry Analyzes Effects of VAT Reduction

According to a report from Reuters, the German Economic Ministry has recently been analyzing a possible red...

Next Article
European Commission Negotiates VAT Agreement with Norway

After nearly two years of negotiations, representatives from the European Commission and Norway initialed a...


Regulatory Analysis News - Delivered Weekly

Thank you for subscribing!
Error - something went wrong!

Sign up for our monthly VAT newsletter

Thank you!
Error - something went wrong!