Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-04-12-Speech-2-295-609"
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"en.20160412.27.2-295-609"2
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"I voted in favour of retroactively maintaining the principle of a minimum standard of VAT in all Member States, for an extended period of three years, until 31 December 2018. Minimum rates in the field of VAT are warranted by the fact that VAT at origin, rather than destination, is still applied to cross-border shopping and distance sales below a threshold. Therefore maintaining the minimum standard rate applied in all Member States provides a useful safeguard to the proper functioning of the internal market. Taking into account that all Member States currently levy a standard rate above 15%, the current agreement for a minimum standard rate of 15% also ensures room for manoeuvre for Member States, allowing for VAT reforms intending to reduce the standard rate by broadening the VAT base and limiting the use of reduced rates."@en1
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