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Slovak Parliament Considering Temporary VAT and Excise Duty Reduction on Gasoline and Diesel Fuel

|Proposed Changes|Slovak Republic
Slovak Republic

The Slovak parliament is considering two draft laws that would temporarily reduce the rate of VAT and excise duty on gasoline and diesel fuel. The draft law on VAT would reduce the applicable rate from the standard 20% rate to a reduced rate of 8%. The draft law on excise duty would reduce the duty rate from EUR 514 per 1,000 liters for gas to EUR 359 and would reduce the duty rate from EUR 3…

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