- VAT drops to 6% on olive oil production, game meat, and works of art sold in galleries starting today.
- The 2026 State Budget expands the list of goods and services eligible for the reduced 6% VAT rate.
- Game meat VAT drops from 23% to 6% to encourage local processing and retain value in Portugal.
- Art dealers’ sales of works of art now taxed at 6%, matching the rate for sales by artists and heirs.
- VAT exemptions for agricultural products and pet food for animal welfare associations are extended until December 31.
Source: sulinformacao.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.
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