- New provision introduced by art. 5, paragraph 4 of DL 113/2024
- Changes made during conversion into Law 143/2024
- Addition of new point 1-octies in the list of goods and services subject to 5% VAT
- Focus on live horse sales for non-food purposes
- Benefits the horse racing breeding sector
- Implementation of EU directive 2022/542/UE regarding VAT rates for live horses
- Concerns raised by experts in the horse industry regarding the measure
- Three conditions for applying the reduced VAT rate for horse sales: live, non-food purposes, within a specific timeframe
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
