26 June 2021

Portugal – Standard VAT rate in the Azores reduced from 18% to 16%

Order 194/2021-XXII from the Portuguese Secretary of State for Fiscal Affairs (SEAF) and Circular No. 30237 dated 22nd June 2021 from the Portuguese Tax Authorities, announced that the standard VAT rate has been reduced from 18% to 16% in the Azores from ^1st July 2021.

26 June 2021

OTHER VAT BRIEFS VAT rates

Ireland – VAT exemption for print and electronic media

Until then, the print and electronic media were taxed at 9%. It will now be taxable at 0%. This change takes place on January1st, 2023.

Country Briefs

Ireland

Media, Press, Culture

VAT Exemption VAT rates

8 November 2022

France – New airlines exempted from attestation to benefit from VAT exemption

The list of airlines deemed to meet the exemption condition is completed with the names of two companies: Heli-Union IXAIR. These two companies are deemed to...

10 October 2022

France – Publication of the New List of French Airlines Exempt from VAT Certification

The list of French airlines who meet the conditions of Article 262 II 4°, and exempted from attestations to their suppliers to benefit from the VAT exemption, has been...

13 September 2022

European Union – EU finance ministers reach agreement on VAT rate reform

Following the European Commission’s 2018 proposal to reform VAT rates an agreement was reached between EU finance ministers regarding the update of VAT rate rules. Three measures emerge...

Country Briefs

European Union

VAT Exemption VAT rates

8 December 2021