Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-01-15-Speech-4-058"

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"en.20040115.3.4-058"2
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". I welcome this report calling for the Commission to approve the reform of the system of reduced rates of VAT, more specifically with regard to the experimental application of reduced rates of VAT to certain labour-intensive services. The Commission has modified its proposal, in line with amendments put forward by Parliament on 4 December 2003. Parliament stated at the time that the experimental application of reduced rates, originally three years, would need to be extended for a further two years. Member States currently applying a reduced rate of VAT will thus be able to carry out a thorough evaluation of the scheme, and will be able to avoid significant price increases in the services concerned. I endorse the rapporteur’s view that this directive will benefit users and producers of labour-intensive services in Europe. I voted in favour."@en1

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