Portugal will temporarily remove the value-added tax (VAT) on 44 essential goods to mitigate the cost-of-living crisis. Despite these estimations, many Portuguese citizens believe scrapping the VAT on basic food products is too insignificant to meaningfully ease their financial burdens.
Source: foreignbrief.com
Latest Posts in "Portugal"
- GC VAT Case T-324/25 (Novo Banco) – Order – Proceedings stayed until resolution of similar case C-521/24
- New VAT Rules in Portugal: Challenges for Self-Employed Newcomers
- Portuguese Tax Authority Clarifies VAT Exemption for Tips in Hospitality Sector
- eInvoicing in Portugal
- EU Member States Collect €33 Billion in E-commerce VAT Revenue in 2024