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EU Directive Adopted Allowing Reduced VAT Rates on E-Publications

|Approved Changes|European Union
European Union

On 6 November 2018, the European Economic and Financial Affairs Council announced the adoption of a Council Directive allowing for the alignment of value added tax (VAT) rules for electronic and physical publications. Under current rules, electronic publications are considered electronically supplied services that must be subject to standard VAT rates, while physical publications may be subject to reduced rates. With the Directive, EU Member States will be allowed to apply the reduced, supe…

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