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Tax advisor: Navarre extends VAT reduction on foodstuffs in 2023 due to conflict in Ukraine

On July 24, 2023, it has been made public in the Official Gazette of Navarra the enactment of the Foral Legislative Decree 4/2023, dated July 5, regarding tax harmonization. This decree establishes the extension of the reduction of the value added tax (VAT) rates applied to certain foodstuffs in the region. This measure was included… Continue reading Tax advisor: Navarre extends VAT reduction on foodstuffs in 2023 due to conflict in Ukraine

Tax advisor: RDL 5/2023: Tax measures as a result of the economic repercussions of the war in Ukraine

The Royal Decree-Law 5/2023, published in the BOE on June 29, 2023, contains tax measures in response to the war in Ukraine, support for the reconstruction of the island of La Palma and other situations of vulnerability. Highlights include the extension of tax rates in the value added tax, new deductions in the income tax… Continue reading Tax advisor: RDL 5/2023: Tax measures as a result of the economic repercussions of the war in Ukraine