VAT | ESM Magazine

Spain Won't Reinstate VAT On Basic Foods Until Price Rises Ease Says Minister

Spain will not reinstate the value-added tax (VAT) on essential food until price levels are "more appropriate," economy minister Nadia Calvino sa...

Portugal's Food VAT Cut Is Working As Retailers Not Taking Advantage, PM Says

The temporary removal of value-added tax on essential food products was working to curb prices, while retailers were not taking advantage of the measure to...

Poland May Extend Zero VAT On Food Into 2024

Poland may extend zero VAT rate on food staples into 2024 if inflation persists, Prime Minister Mateusz Morawiecki said at the weekend.

Portugal Announces €2.5 Billlon Anti-Inflation Package

Portugal's government on Friday announced measures worth €2.5 billion to help low-income families cope with soaring inflation and high interest rates,...

Jerónimo Martins Urges Portugal To Cut VAT On Food, Eyes Slovak Market

Portugal's second-largest retailer Jeronimo Martins urged the government on Thursday to cut the value added tax on basic food products and promised to redu...

Russian Retail Lobby Requests Tax Cuts To Curb Food Inflation: Report

Russia's major retail lobby has written to the government asking for VAT be reduced on socially important products, the Kommersant daily reported, along wi...

Croatian Retailers Race To Reduce Prices Ahead of 1 April Deadline

Croatian retailers are racing to reduce prices of food and non-food items after the government’s announcement of a reduction in VAT from 1 April.

Carrefour Polska To Reduce Prices Of Over 18,500 Products

Carrefour Polska will reduce the price of over 18,500 products, following the Polish government’s decision to suspend VAT on select basic necessities...