VATupdate
VAT

Share this post on

The European Parliament calls for a European Cycling Strategy

The European Parliament could soon be adding its voice to calls for a European Cycling Strategy. MEPs on the Parliament’s Committee on Transport and Tourism (TRAN) voted in favour of such a resolution at the end of January 2023. The resolution will now be voted on by the full Parliament later in February 2023.

The resolution on the European Cycling Strategy also calls on the European Commission and Member States to support the production of “Made in Europe” bikes and components, thereby stimulating the competitiveness of EU industry, thus contributing to reshoring and supply chain security. To strengthen the sector, countries could also reduce the VAT rates for the supply, rental and repair of bicycles and e-bikes.

Source: eltis.org

Sponsors:

VAT news
VAT news

Advertisements:

  • vatcomsult