Who has the highest VAT taxes?

VAT is simply the acronym for “Value Added Tax” which is a sales tax in effect throughout the EU. However, rates can and do vary widely with each member state.

  • Reduced/Essential Goods are defined as items like food.
  • Luxury Items would fall under another category and include things like cars.
  1. Hungary - Standard VAT Rate: 27%
    • Essential Goods: Reduced rates of 5% and 18%
    • Luxury Goods: 27%
  2. Denmark - Standard VAT Rate: 25%
    • Essential Goods: Reduced rates of 0% and 25%
    • Luxury Goods: 25%
  3. Croatia - Standard VAT Rate: 25%
    • Essential Goods: Reduced rates of 5% and 13%
    • Luxury Goods: 25%
  4. Sweden - Standard VAT Rate: 25%
    • Essential Goods: Reduced rates of 6% and 12%
    • Luxury Goods: 25%
  5. Norway - Standard VAT Rate: 25%
    • Essential Goods: Reduced rates of 6% and 15%
    • Luxury Goods: 25%
  6. Finland - Standard VAT Rate: 24%
    • Essential Goods: Reduced rates of 10% and 14%
    • Luxury Goods: 24%
  7. Greece - Standard VAT Rate: 24%
    • Essential Goods: Reduced rates of 6% and 13%
    • Luxury Goods: 24%
  8. Iceland - Standard VAT Rate: 24%
    • Essential Goods: Reduced rates of 7% and 11%
    • Luxury Goods: 24%
  9. Portugal - Standard VAT Rate: 23%
    • Essential Goods: Reduced rates of 6% and 13%
    • Luxury Goods: 23%
  10. Poland - Standard VAT Rate: 23%
    • Essential Goods: Reduced rates of 5% and 8%
    • Luxury Goods: 23%
  11. Spain - Standard VAT Rate: 21%
    • Essential Goods: Reduced rates of 4% and 10%
    • Luxury Goods: 21%
  12. Italy - Standard VAT Rate: 22%
    • Essential Goods: Reduced rates of 4% and 10%
    • Luxury Goods: 22%
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