Mathis, Alexandre - General Directorate Taxation and Custom Union, European … - 2004
Under the current VAT system defined in the Sixth VAT Directive, Member States are required to have a single VAT rate of at least 15% and may have a maximum of two reduced VAT rates set no lower than 5%. Annex H of the 6 Directive outlines the list of the goods and services to which reduced...
