European media companies want zero rate VAT for news media

  • 2020-04-01
  • BNS/TBT Staff
News Media Europe (NME), an organization bringing together European news media organizations, sent a letter on March 30 to the European Commission on Friday with a  proposal to immediately introduce a zero-rate for value added tax (VAT) for journalistic products. The letter signed on behalf of the European news media sector by Fernando de Yarza, president of News Media Europe and president of the World Association of News Publishers (WAN-IFRA), asks the Commission to allow member states with immediate effect, and indeed encourage them, to introduce a zero-rate for va...
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