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The OECD urges Spain to increase VAT rate
30 November 2012 @ 14:01

In in its biennial report on the Spanish economy, the Organization for Economic Cooperation and Development (OECD) is recommending that more goods and services are taxed at the standard rate of VAT, currently 21% and more environmental taxes are introduced.  VAT has already risen twice in recent years, from 16% to 21% for the standard rate.


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