Stars lobby for lower VAT rates on records

Link: EU dismisses US pleas with eVAT ruling

The group submitted a petition on Tuesday calling on the commission to include CDs on a list of products to be given a lower tax rate. Countries most opposed to the lower VAT rates are Germany, which imposes a tax of 16% on CDs, and the UK, whose rate is 17.5%.

A spokeswoman for the International Society for Performance Improvement admitted the lobbyists had an uphill battle on their hands.

The Treasury said it could not comment.

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