In order to combat inflation and to respond to the economic and social consequences of the war in Ukraine and to support the reconstruction of the island of La Palma and other vulnerable situations, Spain is introducing a temporary VAT rate applicable to certain supplies, imports and intra-Community acquisitions of foodstuffs, as well as for the purposes of the equivalence mark-up with effect from 1 January 2023 and valid until 30 June 2023 :
- The rate of 5% of value added tax is applied to the supply, import and intra-Community acquisition of the following products:
- Olive oils and seeds,
- Pasta-based products.
- Le taux de 0 % de la taxe sur la valeur ajoutée est appliqué aux livraisons, importations et acquisitions intracommunautaires des produits suivants :
- Common bread, as well as frozen common bread dough and frozen common bread intended exclusively for the production of common bread,
- flour of bread-making quality,
- The following types of milk produced by any animal species: natural, certified, pasteurised, concentrated, skimmed, sterilised, UHT, evaporated and powdered,
- Cheese,
- Eggs,
- Fruits, vegetables, legumes, tubers and cereals, which have the status of natural products according to the Food Code and the provisions made for its elaboration.
If you would like more information on these measures, please contact our experts!
Source: Royal Decree-Law 20/2022, of December 27 (in Spanish)
