- Reduced VAT rates increase progressivity by 12%
- Commission analysis shows that reduced VAT rates have little impact on regressivity in the EU on average, but not in Portugal
- In Portugal, reduced VAT rates significantly reduce regressivity of the general tax rate, benefiting poorer families
Source: jornaldenegocios.pt
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.
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