Spain abolishes VAT on basic necessities
It was thought impossible under European law. The government of Socialist Prime Minister Pedro Sanchez has announced the reduction of “VAT from 4% to 0% for all basic necessities”such as bread, milk, cheese, fruits, vegetables or cereals, for the next six months Main foodstuffs concerned: food products, whose year-on-year increase reached 15.3% in November. VAT … Read more