Last March Copenhagen Economics and KPMG released an interesting report on the impact of the current Value Added Tax (VAT) rules applicable to the public sector, to identify options for alternative rules and to assess their impact. This study will simulate the impact of variants of three options previously identified in previous studies, adding also postal services for modelling purposes.
The extensions have been made on request from the European Commission, DG Taxud. In 2003 the European Commission came forward with a proposal to amend the (former) Sixth VAT Directive2 regarding the VAT treatment of the postal sector, with the objective to tax postal services and sales of stamps3. In light of this proposal it was decided not to include the postal sec- tor in the Copenhagen Economics and KPMG study of 2011.
Full Report
Actualidad