LatviaModest Impact of Reduced VAT Rate on Shopping Baskets
A survey indicates that only 40% of the population has noticed the reduction in the value-added tax (VAT) rate for certain food products, which came into effect on July 1.
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Modest Impact of Reduced VAT Rate on Shopping Baskets
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started 1d ago•Last update 1d ago
Research suggests that the reduced VAT rate on food products has had a limited noticeable impact on consumers.
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