The COVID-19 crisis has impacted tax policies in several ways, and VAT have also been affected both by reduced revenues, temporary carveouts and exemptions, and payment deferrals.
Among the 19 countries in the Eurozone, VAT revenues significantly declined year-over-year in the first three quarters of 2020. In the second quarter of 2020, VAT revenues were 14 percent lower than in the same quarter in 2019.
Source Taxfoundation.org
