- Budgetary Coverage and VAT Increases: The government aims to clarify alternative VAT measures for budgetary coverage by the spring memorandum, highlighting a structural loss of €1.3 billion if VAT increases on culture, media, and sports are not implemented.
- Timeline for VAT Standardization: The Deputy Minister indicated that achieving a uniform VAT rate is not feasible until at least 2027, emphasizing the complexities involved in standardizing VAT rates across different sectors.
- Ongoing Evaluations and Investigations: The government has completed an investigation into the reduced VAT rate for restaurant services and is currently evaluating optional VAT exemptions, with plans to explore any remaining rate discrepancies in the upcoming Tax Plan.
Source Taxlive
