- European Parliament approved amendments to change VAT rates for tourism, transport, cultural services, and publishing sectors
- Reduced VAT rate will increase from 9 percent to 12 percent starting January 1, 2026
- New rate applies to accommodation services, regular passenger transport services including baggage, and entry to artistic and cultural institutions and events
- VAT rate for printed and electronic books will change to a reduced rate of 5 percent from the current 9 percent
- Standard VAT rate of 21 percent remains unchanged
Source: easytax.co
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.
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