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Zero VAT Rate Extended for another Six Months

The Council of Ministers extended the zero value added tax (VAT) rate measure for another six months. The extension was granted as the existing term expires at the end of October.

Products subject to a reduced VAT rate include:

  • All types of bread, fresh or frozen, with or without sourdough (e.g., white, black, wholemeal, multigrain, rustic, rye, cornbread, baguette, ..

Source: KPMG

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