4 Amendments of Molly SCOTT CATO related to 2016/0374(CNS)
Amendment 9 #
Proposal for a directive
Recital -1 (new)
Recital -1 (new)
(-1) The difference between expected VAT revenues and VAT actually collected (the so-called 'VAT gap') in the Union was approximately EUR 170 billion in 2013 and cross-border fraud amounts to a VAT revenue loss in the Union of approximately EUR 50 billion a year, all of which makes VAT an important issue to be addressed at Union level.
Amendment 14 #
Proposal for a directive
Recital 3
Recital 3
(3) In the Action Plan on VAT9 , the Commission outlined that electronically supplied publications should be able to benefit from the same preferential VAT rate treatment as publications on any means of physical support. To achieve this aim, this needs to include the possibility for all Member States to apply to the supply of books, newspapers and periodicals either a reduced VAT rate or lower reduced VAT rates including the possibility of granting exemptions with deductibility of the VAT paid at the preceding stage. That proposal is in line with the objective of granting Member States more freedom to set their own VAT rates within a definitive destination-based VAT system. _________________ 9 COM(2016) 148 final
Amendment 18 #
Proposal for a directive
Recital 5 a (new)
Recital 5 a (new)
(5 a) Granting freedom to Member States to apply reduced or super-reduced VAT rates for e-books, e-newspapers and e-periodicals could provide an opportunity for new profit margins for publishers and for investment in new content, compared to the current model which depends heavily on advertisement. A more general reflection on the funding model of e- content should also be started at Union level.
Amendment 25 #
Proposal for a directive
Article 2 a (new)
Article 2 a (new)
Article 2 a Monitoring The European Commission shall, by three years after the entry into force of this Directive, produce a report identifying the Member States that have adopted similar reduced or super-reduced VAT rates for books, newspapers and periodicals and their electronic equivalent, and evaluate the impact of those measures in terms of budgetary implications and development of the cultural sector.