Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-12-01-Speech-4-163"

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"en.20051201.30.4-163"2
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". Without wishing to become embroiled in a debate on tax harmonisation and the common VAT arrangements, the main purpose of this resolution is to extend for a further year – until the end of 2006 – the trial period for those Member States that chose to do so to apply a reduced rate of VAT to certain labour-intensive services. We feel that, as this is a one-off measure, it can help to promote job creation and to reduce the parallel economy. It is too early at this stage to assess the socio-economic impact of this measure, which will also lead to greater flexibility in terms of indirect taxation. It should be borne in mind that, were this measure to end suddenly, prices could rise. These arrangements should apply to all current Member States, as new Member States should not be subject to discrimination, which would be unacceptable."@en1

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