Who has the highest VAT taxes?

VAT is simply the acronym for “Value Added Tax” which is a sales tax in effect throughout the EU. However, rates can and do vary widely with each member state.

• Reduced/Essential Goods are defined as items like food.
• Luxury Items would fall under another category and include things like cars.

1. Hungary – Standard VAT Rate: 27%
   • Essential Goods: Reduced rates of 5% and 18%
   • Luxury Goods: 27%
2. Denmark – Standard VAT Rate: 25%
   • Essential Goods: Reduced rates of 0% and 25%
   • Luxury Goods: 25%
3. Croatia – Standard VAT Rate: 25%
   • Essential Goods: Reduced rates of 5% and 13%
   • Luxury Goods: 25%
4. Sweden – Standard VAT Rate: 25%
   • Essential Goods: Reduced rates of 6% and 12%
   • Luxury Goods: 25%
5. Norway – Standard VAT Rate: 25%
   • Essential Goods: Reduced rates of 6% and 15%
   • Luxury Goods: 25%
6. Finland – Standard VAT Rate: 24%
   • Essential Goods: Reduced rates of 10% and 14%
   • Luxury Goods: 24%
7. Greece – Standard VAT Rate: 24%
   • Essential Goods: Reduced rates of 6% and 13%
   • Luxury Goods: 24%
8. Iceland – Standard VAT Rate: 24%
   • Essential Goods: Reduced rates of 7% and 11%
   • Luxury Goods: 24%
9. Portugal – Standard VAT Rate: 23%
   • Essential Goods: Reduced rates of 6% and 13%
   • Luxury Goods: 23%
10. Poland – Standard VAT Rate: 23%
    • Essential Goods: Reduced rates of 5% and 8%
    • Luxury Goods: 23%
11. Spain – Standard VAT Rate: 21%
    • Essential Goods: Reduced rates of 4% and 10%
    • Luxury Goods: 21%
12. Italy – Standard VAT Rate: 22%
    • Essential Goods: Reduced rates of 4% and 10%
    • Luxury Goods: 22%