[HIGHLIGHTS] Economist calls for major tax reform – VAT madness “only causes damage”

Economist calls for major tax reform – VAT madness “only causes damage”. As of: February 14, 2024, 5:02 a.m By: Lisa Mayerhofer CommentsPressSplit The reduced VAT rate of just seven percent applies to “everyday goods” – i.e.

almost all food. Since the beginning of the year, the old VAT of 19 percent has been due in the catering industry again, no longer the temporarily reduced rate of seven percent. Now going to a restaurant is becoming more expensive in some places.