European newspaper and magazine publishers welcome EU Commission’s proposal on reduced VAT for e-publications
The European Newspaper Publishers’ Association (ENPA) and the European Magazine Media Association (EMMA) jointly welcome the European Commission’s proposal for a Directive as regards rates of value added tax applied to books, newspapers and periodicals that endorses the possibility for all Member States to choose to apply zero, super reduced, or reduced VAT rates, which are currently applicable to printed newspapers and magazines, to the digital environment.
The proposal, which was released today, states:
“Member States should be enabled to align the VAT rates for electronically supplied publications with lower VAT rates for publications on any means of physical support.”
The European Magazine Media Association, is the unique and complete representation of Europe’s magazine media, which is today enjoyed by millions of consumers on various platforms, encompassing both paper and digital formats.www.magazinemedia.eu
The European Newspaper Publishers’ Association (ENPA) is the largest representative body of newspaper publishers across Europe. ENPA advocates for 14 national associations across 14 European countries, and is a principal interlocutor to the EU institutions and a key driver of media policy debates in the European Union.www.enpa.eu