- The report proposes reforming the VAT Directive to allow super-reduced VAT rates (below 5%) for housing supply, construction, renovation, demolition, reconstruction, repairs, and residential letting.
- These measures should prioritize low
- and middle-income households.
- The approach must respect fiscal neutrality and align with EU objectives.
Source: taxnotes.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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