VATupdate

Former State Secretary of Finance: “Reduce VAT to ease pain of Corona crisis”

In an interview with De Telegraaf, former State Secretary of Finance Willem Vermeend (PvdA) pleads for a temporary reduction in VAT to ease the pain of the corona crisis. He thinks a VAT reduction is a good way to tackle purchasing power problems. “When prices in the store go down, you immediately notice.”

Source: taxlive.nl

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