Affaires et finance
VAT Rates in the European Union
The average VAT rate in Member States is around 21%. Luxembourg is the country where the rate is the lowest (17%) and Hungary is the country where the rate is the highest (27%). Since VAT is the most lucrative tax for states, VAT rates are thus generally increased each year (except for Greece, which saw a drop between 2017 and 2018 from 6.5% to 6%). It is also important to note that some EU countries charge a reduced rate on certain limited categories of goods.
The recovery of intra-Community VAT is subject to specific rules and directives. ASD Group can help you manage all the administrative formalities related to VAT. To learn more about tax representation, please visit our website or contact us at +1 514-798-1583.
Publié le 28 septembre 2018
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