- Sweden: VAT on most food and non-alcoholic beverages was temporarily reduced from 12% to 6% until December 31, 2027. From July 1, 2026, the rate on admission to qualifying cultural and natural attractions also fell from 25% to 6%. Restaurant services, catering and alcoholic beverages remain excluded. [fintua.com]
- Targeted extensions: Peru retained its reduced hospitality IGV regime through 2026, Thailand extended the 7% VAT rate until September 30, 2027, and Kenya extended the 8% VAT rate on gasoline, kerosene and diesel until October 14, 2026. [fintua.com]
- Other rate developments: Sri Lanka increased VAT on financial services from 18% to 20.5% effective July 1, 2026. Uzbekistan introduced an optional 6% VAT regime without input VAT recovery for eligible small businesses, available until January 1, 2030. Read the International VAT Rate Round Up: August 2026 [fintua.com]
Source Fintua
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