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What is the level of VAT rate in Europe?
According to European laws, the minimum standard rate of VAT is 15% and the minimum tax reduction rate is 5%, but the actual tax rate will vary according to different European countries/regions and commodity types. In addition, some European countries/regions retain independent legal requirements in some aspects. The most reliable source of information about the current VAT rate of specific goods in a specific European country/region is the VAT collection agency in that country/region. You may need a tax consultant to help you determine the applicable VAT rate.
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