In April 2022, EU finance ministers (ECOFIN) agreed on amendments to the EU VAT Directive to give Member States more freedom in applying reduced VAT rates, including the possibility to introduce a new VAT rate of less than 5 % for a limited number of supplies.
Source BMB.SK
Latest Posts in "European Union"
- Recent ECJ and General Court VAT Jurisprudence and Implications for EU Compliance – October 2026
- EU E-Invoicing Mandates Accelerate Across France, Greece and Other Member States
- EU Textile EPR Roadmap: Where to Start
- European Union PPWR: What It Means for Your Business
- The race to 2027: How European nations are preparing for the ViDA revolution
