The European Council has now
The European Council has agreed on a proposal which allows European Member States to charge reduced, super-reduced or zero VAT rates on digital publications (e-books, electronic newspapers, etc.).
Currently under the VAT Directive 2006/112/EC electronically supplied services apply the standard VAT rate (minimum 15%), while on the other hand physical publications can have the reduced VAT rate (minimum 5%) and some can even take advantage of the super-reduced VAT rates (below 5% or zero
The digital publications proposal accepted on 2 October 2018 will grant application for reduced VAT rates to the Member States concerning all e-publishers. Countries that currently apply the super reduced and zero rates to physical publications will be able to apply them to electronic publications too.
Get all you need to know about how you can maximise your VAT reclaims int he EU - adding major savings to your business travel costs!
We know that Indirect taxes such as VAT and GST can have a huge effect on your business. As VAT rates change sporadically keeping yourself informed can be difficult. Compliance is always crucial. That’s why our Indirect Tax Experts share their hand-picked news stories every day that you need to know. From breaking news to VAT changes and new EU legislation. We know that relevant information means better decision making. We aim to be your number 1 source for VAT and GST news.
+353 56 778 34 00 | firstname.lastname@example.org