The European Commission proposes the equal taxation of vouchers

The European Commission proposes that all types of vouchers to be equally taxed in all Member States.

The market of vouchers has an annual 52 billion euros market in the EU. The pre-paid telecommunications services give about 70 percent of the vouchers, followed by gift certificates and price discount vouchers.

Because of the different national regulations the market cannot function effectively: the businesses, rather than enjoying the benefits of the unified market, sometimes taxing twice. The new regulation would enter into force on the 1^st of January 2015. (Világgazdaság Online)