L R AS Published on Sunday 12 December 2021 - n° 386 - Categories:Europe
VAT rate on panels in Europe to be lowered soon
EU finance ministers have decided to lower value added tax rates. The European Council therefore agreed to update these rates
in order to bring them into line (by lowering them) with the Union's objective of developing solar installations. The reduced rates will make solar installations cheaper, but also other goods that the Union wants to favour.
PV Tech of 8 December 2021
The European Council wants to lower the VAT rates (between 0% and 5%) depending on the country.) The Parliament must approve this proposal for a directive
PV Magazine of 8 December 2021