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Does a Peep Show Count as Cinema? Topic Debated in EU

by WebMaster
January 30, 2010
in Business, Press Release
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Does a Peep Show Count as Cinema? Topic Debated in EU

January 29, 2010 /EIN PRESSWIRE/ An EU ruling will decide if coin-operated peep shows should be taxed at a lower rate than the standard Value-Added Tax (VAT).

In Belgium, tax authorities say that private film viewing cubicles are automated recreation devices and should be taxed at the country’s 21 percent VAT rate. However, the owner of said devices claims this is a cinema experience and should be taxed at a 6 percent rate, which is the rate paid on movie theater tickets because of cultural exemption rules.

Read more about this story at EU Politics Today:

Latest EU Value Added Tax news – http://eupolitics.einnews.com/news/eu-value-added-tax-vat
Latest EU Belgium Political news – http://eupolitics.einnews.com/belgium/
Latest Belgium Taxation news – http://eupolitics.einnews.com/news/belgium-taxation

Located at http://eupoliltics.einnews.com, EU Politics Today is a service of EIN News, an industry leader in news monitoring for business professionals and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers to its members the latest EU political news from around the world, saving them valuable time they’d spend searching for information. New users to EU Politics Today can enjoy a no-obligation, one-week free trial.

About EIN Presswire
The EIN Presswire press release distribution service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for leading journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals in more than 80 different industries. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the newest business news at http://www.einpresswire.com and the latest world news in more than 80 different industries at http://www.einnews.com.

WebMaster

WebMaster

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