Czech Republic not to veto EU-wide sales tax

The Czech Republic says it will probably not veto a European Union-wide sales tax, raising chances that a row between some new member states and the older members could be resolved. The Czech Republic, Poland and Cyprus had come out against an agreement that would allow value added tax on some services in several member states to be kept below EU norms. They said the plan, put forward by Austria, discriminated against newcomers, which have cut-off dates to abolish tax breaks and meet higher rates in line with EU requirements.

Author: Ian Willoughby