VAT Cut For All Foods Only Solution To Boost Consumption, Retailers And Producers Say

11.08.2013 By Cristina Roşca

The VAT cut from 24% to 9% for bread has led to an increase of taxed production of flour and bread by 10% and 15%. Under the circumstances, retailers and production companies say that a VAT cut for other staple foods such as meat, vegetables and dairy could have a similar effect and could lead to an increase in consumption.

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Keywords:
vat
, food