Danish Prime Minister Expects Price Cuts From VAT Measures - The Copenhagen Post
6 Articles
6 Articles
She's tried it before. With mixed success. The Prime Minister is once again throwing himself into the fight for cheaper food. Now she's bringing in a supermarket manager
Prime Minister Mette Frederiksen (S) hopes that everyone will be ready to lower prices when VAT falls.
BT
Kristeligt DagbladSeveral economists have criticized proposals to halve VAT on food and completely eliminate it on fruit and vegetables.
Danish Prime Minister expects price cuts from VAT measures - The Copenhagen Post
Prime Minister Mette Frederiksen is convinced that food, fruit, and vegetable prices will drop correspondingly with the government’s planned VAT reductions. Following a meeting with Salling Group, she stated that supermarkets expect VAT cuts to translate directly into lower consumer prices, though she hopes producers will follow suit. The proposal to remove VAT on fruit […]
The party will hold a press conference on Wednesday. It is expected that the issue of VAT will be a theme, as it has been regularly since the government was formed. Lower VAT could end up as earningsAccording to a response from the Ministry of Taxation and Growth, the proposal will cost 17.4 billion kroner per year. The proposal has met with harsh criticism from economists, who warn, among other things, that it is an expensive and inefficient wa…
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