The following VAT changes occur in Europe:
+++ Luxembourg to lower VAT rates for one year from the start of 2023
+++ Switzerland to increase VAT rates starting in 2024
+++ Belgium to extend application of temporarily lowered VAT rates on energy, to extend limitation period for assessment and to amend reverse charge mechanism
+++ Poland extends application of temporarily lowered VAT rates on foodstuffs and ends reduction of VAT rates on fuel
+++ Croatia introduces Euro as national currency
+++ Finland to temporarily lower VAT rates on electricity and passenger transport
Source: KMLZ
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