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Authorities consider raising VAT to 22%

The authorities are discussing raising VAT from 20% to 22%. The increase will not affect socially important goods.

VAT was last raised in 2019 — from 18% to 20%. From January, profit tax was increased from 20% to 25%, and a progressive personal income tax scale of 13% to 22% was introduced.

The Finance Ministry had earlier stated that no systemic changes to tax policy are planned before 2028, as the 2025–2027 budget ensures stable financing.

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