Sunday

20th Aug 2017

Ticker

MEPs push forward new VAT rules on e-books

The European Parliament's Economic and Monetary Affairs committee rallied behind an EU commission proposal on Wednesday, allowing member states to lower value added tax (VAT) rates on digital books and newspapers. Belgian MEP Tom Vandenkendelaere said "it makes no sense to apply a double standard whereby an online newspaper is taxed higher than a printed one you buy in a shop". The proposal now needs support in plenary.

Brexit realities dawn in UK

Just over a year after a small majority voted for Britain to leave the EU, new realities are dawning on both the in and the out camps.

News in Brief

  1. Macedonia sacks top prosecutor over wiretap scandal
  2. ECB concerned stronger euro could derail economic recovery
  3. Mixed Irish reactions to post-Brexit border proposal
  4. European Union returns to 2 percent growth
  5. Russian power most feared in Europe
  6. Ireland continues to refuse €13 billion in back taxes from Apple
  7. UK unemployment lowest since 1975
  8. Europe facing 'explosive cocktail' in its backyard, report warns

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