VAT news tagged as "Print news"

Norway

Norway proposal to scrap VAT on digital news

May 21st, 2015

The Norwegian tax authorities have issued a proposal to free the news industry from VAT on digital news and journals. Currently, print news is mostly ‘nil’ rated. This means newspapers attract no VAT, but newspaper companies can still recover the VAT they incur on the production of the news. Online versions of the same publications, …


Europe

EU to cut VAT rates on digital news June 2016

May 9th, 2015

The European Commission President, Jean-Claus Juncker, has this week called for the harmonization of VAT rates on printed and online newspapers and journals. The plan is to introduce the appropriate amendments to the EU VAT Directive by June 2016. Once ratified, member states could then apply the change in their local VAT laws. Currently, most …