- From January 1, 2026, olive oil production, art gallery sales, and game meat sales will be taxed at a reduced 6% VAT rate instead of 23%.
- VAT exemptions for fertilizers, soil correctives, flour, cereals, and seeds used in agriculture are extended until December 31, 2026.
- These changes are part of the 2026 State Budget (OE2026), approved and awaiting presidential promulgation.
- The measures aim to support farmers, stimulate the art market, and promote game meat commercialization.
Source: portugalpulse.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.
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