supermarket, face mask, Covid-19, pandemic, shopping European Commission VAT News

Fears of inflation? EU will likely reduce VAT on medicines and food

EU countries will be able to reduce value added tax (VAT) on more products than before, with EU finance ministers agreeing on rules which would reduce the tax on basic foodstuffs and medicines. The move comes at a time when Europe is facing soaring inflation. Individual governments have attempted to reduce taxes in order to […]
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