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Vat Is Now Down to 6% in Oil Production, Hunting Meat and Art Works in the Galleries

Summary by IOL Portugal
6% VAT, which is already applied to oil as well, covers “the oil conversion operations in oil”, so far taxed with normal VAT, of 23%
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The list of goods with reduced VAT – in which goods and services are listed at the 6% rate – is to be counted from today with three new types of goods or services. In the same way, with the new State Budget for 2026 (OE2026) it has been ensured that a set of products continues to be exempt from the consumer tax. The 6% VAT, which is already applied to oil as well, is still covering “the oil processing operations” so far taxed with normal VAT, 23…

·Portugal
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6% VAT, which is already applied to oil as well, covers “the oil conversion operations in oil”, so far taxed with normal VAT, of 23%

·Portugal
Read Full Article
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IOL Portugal broke the news in Portugal on Thursday, January 1, 2026.
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