Spanish promoters welcome VAT reduction pledge
'150 Commitments to Improve Spain', signed by the C's party and the ruling PP, has been praised by APM for its "explicit recognition of live music"
News By | 5 September 2016
Acting Spanish prime minister Mariano Rajoy has agreed to a reduction in the hated 21% rate of cultural value-added tax (VAT) should his People’s Party (PP) form Spain’s next government.
PP, which won the most votes in June’s general election – Spain’s third in five years – but failed to secure a majority, last week put its name to a document entitled 150 Commitments to Improve Spain (150 Compromisos para Mejorar España), which included as commitment №89 a…
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