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Spain enacts VAT rate reductions to mitigate impact of COVID-19

Among others, the Royal Decree-Law foresees the temporary abolition of Value-Added Tax (VAT) with respect to a wide range of sanitary equipment supplies, in line with the European Commission Decision 2020/491 of 3 April, as well as the application of the 4% reduced VAT rate for supplies of electronic books and digital press.

Source: EY

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