December 2011 – EU VAT rate changes

  • France increases its reduced rate of 5.5% to 7%.
  • Hungary’s standard rate has increased to 27% from 25%.
  • Italy has increased their standard rate from 21% to 23% and their reduced rate to 12% from 10%.
  • Norway has increased their reduced rate to 15% from 14%.
  • Sweden has bucked the trend by reducing its rate for restaurant services to 12% from 25%.
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