VATupdate

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Portugal Cuts VAT to 6% on Olive Oil Production, Game Meat, and Art Sales in Galleries

  • 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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