News Media Europe welcomes the European Commission’s proposal on the VAT regime for e-press publications.
We are glad to see that the proposal introduces the possibility for Member States to apply zero, super reduced and reduced VAT rates to publishers’ digital products as already foreseen for printed newspapers and periodicals. This will strengthen the European Digital Single Market and encourage publishers’ investments in digital offers.
Additionally, by applying equal rates both for print and digital news products, unnecessary and costly red tape on the publishing houses will be reduced.
Per Hultengård, Chairman of NME Digital VAT taskforce, said “We look forward to working with the European Parliament, the Members States and other stakeholders towards the adoption of this new VAT regime for e-publications. Such reform will give recognition to the role of the democratic press, both online and offline, at a time where it is more needed than ever.”
Wout van Wijk, NME’s Executive Director, added “This proposal is an important step towards guaranteeing an independent and pluralistic media landscape in Europe.”
About News Media Europe: News Media Europe (NME) represents the progressive news media industry in Europe – over 2200 European newsbrands of newspapers, radio, tv and internet. NME is committed to maintaining and promoting the freedom of the press, to upholding and enhancing the freedom to publish, and to championing the newsbrands which are one of the most vital parts of Europe’s creative industries. For further information please contact: