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Portugal’s Proposal: Expanding Reduced VAT Rate on Electricity to Benefit Consumers

  • Portugal is considering expanding the reduced VAT rate on electricity
  • The proposal aims to make electricity more affordable for consumers
  • The reduced rate would apply to a wider range of electricity consumption
  • The government hopes to reduce the financial burden on households and businesses
  • The proposal is still under consideration and has not been implemented yet.

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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