The EU’s finance ministers have reached agreement that VAT on digital publications is to be reduced.
“We have finally succeeded. This is a Swedish victory that we have fought hard for and for which we have had strong support from the Riksdag,” says Magdalena Andersson, although she points out that a caretaker government has limited powers and this is a budget issue so it is difficult to say when it will be implemented in Sweden.
The EU VAT decision should really have come over a year ago. France, Sweden and several other countries have pushed the issue. However, as all 28 EU ministers need to be in agreement over tax issues, single states have blocked the decision in order to pass issues in other tax areas.
Currently in Sweden there is 25% VAT on a text that is published digitally while the same text published in paper format has 6% VAT.
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