EU sets path for lower VAT on energy-saving products

EU sets path for lower VAT on energy-saving products

Reforms could open door to a more environmentally friendly VAT system. However, the green element is missing from current proposals. In April the European Commission released an action plan [1] setting out the pathway to the creation of a single EU VAT area “that can support a deeper and fairer single market, and help to boost jobs, growth, investment and competitiveness”. The communication highlights two options for VAT reform in […]