Tax policies of EU member state during the COVID-19 pandemic

This study analyzes the changes in the applied VAT tax rates by the EU member states in the context of the COVID-19 crisis. The results show that for the period 2000-2023, the member states have reduced their VAT tax rates for the benefit of the consumers, mainly in purchasing food products, medicin...

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Bibliographic Details
Main Authors: Konstantinova, Snezhinka, Katrandzhiev, Nikolay
Format: Conference Proceeding
Language:English
Online Access:Get full text
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Summary:This study analyzes the changes in the applied VAT tax rates by the EU member states in the context of the COVID-19 crisis. The results show that for the period 2000-2023, the member states have reduced their VAT tax rates for the benefit of the consumers, mainly in purchasing food products, medicines, books, accommodation in hotels and tourist sites, etc. The main reasons for reducing the VAT rates and for the VAT-exempt goods and services are to encourage consumption and increase VAT revenues in state budgets.
ISSN:0094-243X
1551-7616
DOI:10.1063/5.0208515