- VAT rate possible between 0 and 5% on goods and services such as solar panels, water, passenger transport and live streaming of sports matches or shows (in total 7 categories)
- Member States will have more flexibility to set lower VAT rates if there is no distortion of competition. For example, a low rate between 0 and 5% can be applied to pharmaceuticals, medical equipment, book delivery and library lending.
- Reduced VAT rates on fossil fuels such as oil, gas and coal will no longer be allowed from 1 January 2030.
- The same applies to fertilizers and chemical pesticides from 1 January 2032.
Source Taxence
Latest Posts in "European Union"
- Comments on ECJ C-796/23: Consideration of Czech company for VAT purposes as ‘designated partner’ in violation of EU law
- Advocate General’s Opinion Clarifies VAT Treatment of Transfer Pricing Adjustments in Stellantis Portugal Case
- Agenda of the ECJ/General Court VAT cases -1 Judgment, 1 Hearing till Feb 25, 2026
- The «Prefilling» headache
- The Fiscalis Programme 2021–2027: Interim Evaluation and Key Insights
