On 25 May 2016, the Council adopted a directive maintaining for a further two years the minimum standard VAT rate at 15%.
The minimum standard rate is aimed at preventing an excessive divergence in VAT rates applied by member states, and the structural imbalances or distortions of competition that could arise as a result. A minimum standard rate of 15% was applied until 31 December 2015.
In view of on-going discussions on definitive rules for a single European VAT area, the directive extends the minimum standard rate for a period long enough to ensure legal certainty. It maintains the rate at 15% from 1 January 2016 until 31 December 2017.
The directive was adopted without discussion at a meeting of the Economic and Financial Council.
EU Ministers of Foreign and European Affairs meet in Brussels on 24 May 2016 to prepare the June European Council and hold its annual rule of law dialogue.
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By Mehreen Khan
Read moreOn 25 May 2016 the Permanent Representatives Committee (Coreper) confirmed the deal reached with the European Parliament on the first rules to make public sector websites and mobile applications (apps) more accessible across the EU.
The draft directive requires EU countries to ensure that the websites and mobile apps of public sector bodies meet common European accessibility standards. In addition, people will be able to request specific information if content is inaccessible.
The new requirements will make content more accessible and usable for all users, and will especially benefit those with disabilities or age-related limitations.
What's next?Once the agreed text has undergone legal-linguistic finalisation, it needs to be formally approved first by the Council and then by the Parliament. The procedure is expected to be completed in the autumn.
For more information, please see our press release from 3 May 2016 (link below).