Reduced VAT Rate Applies to Sale of Medical Supplies Aimed to Combat COVID-19

The sale of medical supplies aimed to combat the COVID-19 pandemic is subject to a reduced 10% VAT rate, even in the absence of the marketing authorization of the pharmaceutical product.
The list of medical products subject to a 10% VAT rate is approved by Government Decree no. 688 of 15 September 2008.

Source IBFD

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