EU Parliament Draft Report on Directive Allowing Reduced VAT Rate on Digital Publications

A draft report has been published from the EU Parliament Committee on Economic and Monetary Affairs Rapporteur, Tom Vandenkendelaere, on the draft directive that would allow Member States to apply a reduced VAT rate on the supply of digital publications. In particular, books, newspapers, and periodicals. Currently, reduced rates are limited to printed publications, while digital publications are considered within the scope of the supply of digital services, for which reduced VAT rates are n…