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​Italy plans to increase VAT rates in 2021

Italy is now planning to increase the VAT rates in 2020. The new plan is for the current standard rate of 22% to rise to 25% in January 2021, and a further increase to 26.5% in January 2022. The reduced rate of 10% will according to the plans increase to 12% in January 2021.


 
 
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