Written answers
Thursday, 14 July 2011
Department of Finance
Tax Code
8:00 pm
Joanna Tuffy (Dublin Mid West, Labour)
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Question 64: To ask the Minister for Finance the position regarding the reduction in VAT for Irish newspapers; and if he will make a statement on the matter. [20396/11]
Michael Noonan (Limerick City, Fine Gael)
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The Finance (No. 2) Act 2011 provided for a second reduced VAT rate, of 9%, on a temporary basis in respect of certain services and goods, including newspapers, for the period 1 July 2011 to end 2013. All newspapers sold on or after 1 July 2011 are subject to VAT at the new 9% rate and the total retail price charged should be inclusive of tax at that rate.
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