DIGITAL VAT
May 1st, 2002
Keith NuthallTHE EUROPEAN Union Council of Ministers has slammed the door shut on entreaties from the American government to abandon its plans to exempt EU-based suppliers of digital products from charging VAT when they sell to customers in non-EU countries. Striking formal and final agreement on the proposal, Brussels has in effect challenged the US to prove its claims that the law breaks global trading rules by launching a disputes proceeding case at the World Trade Organisation. The EU will now insist that foreign exporters of digital products, such as music ...
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