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VAT reduction from 15 to 8% in electricity and water enters into force from January 1, 2022

According to Ulisses Correia e Silva, it is one of the measures taken by the executive with the aim to mitigating the impact of the change in the price of electricity, which in October increased by another 30%, and to face the COVID-19 pandemic crisis the country is currently experiencing, with impacts on the income of families and businesses.

Source: inforpress.cv

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