BRUSSELS, Belgium - European Union finance ministers agreed on 7 December to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change and health protection. This includes bicycles.

BRUSSELS, Belgium - The European Commission recently published its proposals to reform the Value Added Tax (VAT) system. If the proposal goes ahead, Member States will be able to set reduced or zero VAT rates much more freely than currently.

To stimulate the repair industry in Sweden, the government is studying the opportunity to cut half the VAT rate on for example bicycle repairs from...

BRUSSELS, Belgium - For 'bike-webshops' it is getting harder to sell products outside their place of residence. New European Union VAT rules cast a ...

PARIS, France - The 9th edition of a survey initiated in 2005 into the size of the global sports market indicates that sales of bicycles (all types) as ...

BRUSSELS, Belgium - The European Action Plan for Retailers as adopted by the European Parliament is an appeal to the European Commission and member ...