Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-17-Speech-4-321-000"

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"en.20111117.17.4-321-000"2
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"I fully subscribe to the present resolution, which was tabled following the report on modernising VAT. It proposes one more innovative measure in the area of taxation. In particular, it focuses on the paradigmatic case that still exists in the book industry; namely, the difference between the VAT rates applicable to physical books and those applicable to e-books. At present, e-books do not benefit from the same reduced VAT rates as physical books with the result that a negative differential exists between the two, producing a distortion in the market on which they compete, with all the consequences flowing therefrom. What is more, this negative differential does not arise on the other side of the Atlantic, which effectively hamstrings the European book industry, making its growth impossible."@en1

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