BE announces agreement with the Government to reduce VAT of the show to 6% – The Economic Journal

BE announces agreement with the Government to reduce VAT of the show to 6% - The Economic Journal


BE announced today that it has reached an agreement with the government to reduce VAT from the current 13% to 6% in the next State Budget, "an important incentive for the arts and culture."

BEIJING, March 31 (Xinhua) – MEP Mariana Mortágua's congresswoman announced today a set of measures in which the party agreed to the State Budget for 2019 (OE2019) at a meeting that ended at dawn with the presence of the prime minister, António Costa .

The BE was thus able to enter into the OE2019 "the VAT reduction of the show to 6%".

"This is a claim of the sector, which has been asking for this VAT reduction because it [a manutenção nos 13%] is unfair and because it thinks it penalizes the culture sector, "he explained.

For Mariana Mortágua, "the reduction of VAT to 6% is an important incentive for the arts, for the show and for culture".

"I can only assure you that the VAT reduction of the show to 6% does not apply to bullfighting in the way it was negotiated," he said.



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