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Pubication of Royal Decree-Law 20/2022 and its implications for VAT – VAT rate reduction

The measures of this royal decree-law that concentrates its action on vulnerable groups, are aimed at containing prices and supporting affected citizens and companies.

These aids, and the consequent drop in production costs, will take effect from January 1, 2023.

Reduction in VAT tax rates on some foods and materials related to COVID prevention

Source Diligens

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