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Update: European Union Reduced VAT Rates Adopted

On 5 April 2022, the EU Council formally adopted changes to the current rules governing reduced VAT rates for goods and services. These amendments to the VAT Directive were published in the Official Journal of the EU on 6 April 2022 through Council (EU) Directive 2022/542 of 5 April 2022 and are effective immediately.  

The EU Council approval follows the EU Parliament’s official review of the amendments in March 2022. 

Source: SOVOS

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