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Senate wants separate bill on increase VAT rate

  • The Senate has requested the government to separate the measure abolishing reduced VAT rates from the 2025 Tax Plan bill and present it as an independent bill.
  • The current proposal includes eliminating the 9% reduced VAT rate for items such as cultural goods, services, accommodation, books, and sports.
  • Starting January 1, 2026, these items will be subject to the standard VAT rate of 21%.

Source Taxence

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