30.10.2018

Electronic publications: Council agrees to allow reduced VAT rates.

The European Council has now agreed to reduce the VAT rates charged on a number of items.

European Council Reducing VAT Rates

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 rate)

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.

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