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Next
year, the European Commission will present proposal on VAT
harmonisation by the EU member states.
Malta has requested to retain zero rating for medicine and
food on the premise that both the UK and Ireland have
similar arrangements on children’s clothes and shoes.
It was also agreed that VAT should be charged in the
country where a service is rendered and not where the
supplier is based. However these changes does not apply
for yachting in Malta.
was also agreed that VAT should be charged in the country
where a service is availed of and not where the supplier
is based. A proposal by Malta for such changes not to
apply for yachting was accepted.
Source
: di-ve.com - Malta, dated 04/12/2007
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