- Finland will lower its reduced VAT rate from 14% to 13.5% starting January 1, 2026, affecting goods and services like catering, food, medicines, passenger transport, and accommodation.
- Lithuania will increase its reduced VAT rate from 9% to 12% for services such as catering, passenger transport, and accommodation, and will lower the VAT rate on medicines, books, and publications from 9% to 5%, effective January 1, 2026.
- Germany may reintroduce the 7% reduced VAT rate for food sold by hospitality businesses, pending formal approval.
Source: pincvision.com
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 "European Union"
- EU Updates E-Invoicing Standard and Proposes Major Financial Sector Tax Reforms
- EU Approves EN 16931 E-Invoicing Updates, Proposes Financial Sector Tax Harmonization Reforms
- AG: Director Must Be Able to Appeal VAT Assessments Imposed on Company Under EU Law
- Andrés Ritter Appointed as New European Chief Prosecutor, Succeeding Kövesi in November 2026
- Reduced Hotel VAT Rate May Exclude Extras Like Breakfast, Parking, Wellness, Fitness, and WiFi
