[Global IDT Insights] Sweden Cuts Food VAT to 6% | Vietnam Clarifies Animal Feed VAT
- Blog|News|GST & Customs|
- 2 Min Read
- By Taxmann
- |
- Last Updated on 18 March, 2026
Latest from Taxmann
Editorial Team – [2026] 184 taxmann.com 294 (Article)
Global IDT Insights provides a weekly snippet of tax news specifically related to Indirect Taxes from around the globe.
1. Sweden Approves a Temporary Reduced VAT Rate on Food
Sweden has approved a temporary reduction in the value-added tax (VAT) rate on food. The decision follows approval of the government’s proposal to reduce the VAT rate applicable to food supplies from 12 per cent to 6 per cent. The measure is intended to provide financial support to households.
The legal amendments introduce a temporarily reduced VAT rate specifically applicable to food. The measure forms part of a policy initiative aimed at supporting household finances by lowering the VAT burden on food consumption during the specified period.
Key aspects of this measure include:
(a) Temporary Reduction of VAT Rate on Food from 12 Per Cent to 6 Per Cent – The approved amendments reduce the value-added tax (VAT) rate applicable to food from 12 per cent to 6 per cent. This reduction applies only for a limited period and is intended to provide temporary relief by lowering the VAT charged on food supplies.
(b) Parliamentary Approval of the Government’s Proposal for VAT Reduction – The government proposed amendments to temporarily reduce the VAT rate on food as part of measures to support households. The proposal was reviewed by the parliamentary committee, which recommended approval of the bill. Following this recommendation, the House approved the committee’s proposal. The legislative decision formally authorises the temporary reduction in the VAT rate applicable to food.
(c) Effective Period of the Temporary VAT Reduction – The legal amendments specify that the temporary VAT rate reduction will apply from 01-04-2026. The measure will remain in force until 31-12-2027, after which the temporary provisions will cease to apply unless further legislative action is taken. The specified period defines the duration during which the reduced VAT rate of 6 per cent will apply to food supplies.
Source: Official Announcement
Click Here To Read The Full Article
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
CA | CS | CMA
