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Tag: Tax Package

EU reconsiders Financial Services VAT exemption – 2023 proposals at risk with inflation surge

EU reconsiders Financial Services VAT exemption – 2023 proposals at risk with inflation surge

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Legislative proposal 2023 on ending VAT-free banking and insurance may be in jeopardy with cost-of-living crisis The European Commission has completed a public consultation on potentially withdrawing the VAT exemption on financial services – banking, insurance and similar. It published the submissions in August 2021.

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