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News Wire / economy

Portugal Removes VAT From Bread With Butter, Price Drops

TSF Notícias Lisbon 2d Impact 5
A measure to remove Value Added Tax (VAT) from 'bread with butter' has resulted in a price change from one euro to between 83 and 87 cents. The speaker noted uncertainty regarding the exact price reduction and described the measure as ambiguous, potentially generating distrust.

Topics

VAT consumer prices economic policy

Developing

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Sources · 7 independent

TSF Notícias

“Se esse pão com manteiga, a semana anterior, era com IVA e agora é sem IVA, e se eu lhe pagava um euro e agora pago 83 cêntimos, 87 cêntimos, não faço a mínima ideia.”

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