VATupdate

Share this post on

Impact of Reduced VAT Rates on Progressivity in Portugal: A 12% Increase

  • Reduced VAT rates increase progressivity by 12%
  • Commission analysis shows that reduced VAT rates have little impact on regressivity in the EU on average, but not in Portugal
  • In Portugal, reduced VAT rates significantly reduce regressivity of the general tax rate, benefiting poorer families

Source: jornaldenegocios.pt

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.

Sponsors:

VAT news

Advertisements: