13 Jul, 13:14··

Portugal Demands Fuel VAT Cut, Accuses Government

The Portuguese Socialist Party (PS) is calling for a reduction in Value Added Tax (IVA) on fuel. They claim the government is profiting from inflation by collecting more taxes. André Moz Caldas estimates this cut would save around 15 cents per liter of fuel and that the government has earned an extra €1 billion in taxes over two years.

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