Media, Press, Culture

TAX MAG: VAT news in Europe

Keep up with the latest Intra-Community and European VAT news, decoded by our experts.

Focus: Media, Press, Culture

Finland – Consideration of rate changes on certain products

Finland plans to increase the rate from 10% to 14% for the following products and services: Books Access to certain cultural and sporting events film screenings pharmaceutical products Conversely, the government plans to reduce the rate from 24% to 14% for the following products:  pads  diapers To date, the measure has not yet been adopted,...
25 June 2023

Cyprus – New 3% VAT rate planned in Cyprus

A proposal has been published to introduce a 3% VAT rate in Cyprus. If adopted by the Council of Ministers, this rate should apply to : books, magazines and similar products (physical or electronic media) stairs, elevators and wheelchairs for the disabled orthopedic appliances street cleaning and dog collection services, wastewater disposal and treatment at...
10 May 2023

Ireland extends the application of the reduced rate to certain sectors of activity

The Irish government has announced in a press release the extension of the reduced VAT rate of 9% applicable to the tourism and hospitality industry until February 28, 2023. The following are affected by the application of the 9% rate: Hotels and tourist accommodation Cinemas, museums, amusement parks Some printed materials, brochures, flyers, programs and...
13 May 2022

Bulgaria – Application of the extended reduced VAT rate to certain goods and services

The Bulgarian administration has announced that the application of the reduced VAT rate of 9% is extended until December 31, 2022 for the following goods and services: Restauration et traiteur Livres et autres publications Services en lien avec l’utilisation des installations sportives Aliments pour bébés et jeunes enfants, couches pour...
18 January 2022
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