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EU agrees on value-added tax reform

5 december 2007

The European Union has agreed to reform rules on value-added taxes, ending a five-year stalemate between member states on the issue.

On Tuesday (4 December), EU finance ministers met in Brussels and unanimously agreed to overhaul EU-wide rules on value-added taxes (VAT).

Controversial change
The most controversial change is the application of the VAT for e-commerce, telecommunication and satellite television services in the country where the consumer is, rather than where the service provider is located.

Bron: EUobserver, 5 december 2007


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