Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-09-24-Speech-2-098"
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"en.20020924.7.2-098"2
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".
In light of the major changes in tourism, the current VAT system applicable to European travel agencies is inappropriate, out of date and extremely anti-competitive. I therefore support the European Commission initiative and the amendments by the rapporteur, Mrs Torres Marques, to make the system more straightforward and more competitive.
The very active tourism industry in the Algarve region can only benefit from such a change. Travel agencies and tour operators outside the EU will have to pay VAT when they provide services to European customers, and conversely, European travel agencies will be exempt from VAT when they provide services to customers residing outside the EU, thereby re-establishing healthy and fair competition in the European internal market."@en1
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