The Sales Tax Rate in European Union stands at 21.50 percent. Sales Tax Rate in European Union averaged 18.25 percent from 1968 until 2018, reaching an all time high of 21.60 percent in 2015 and a record low of 13.63 percent in 1969.

Sales Tax Rate in European Union is expected to be 21.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Sales Tax Rate - VAT is projected to trend around 21.50 percent in 2020, according to our econometric models.

European Union Sales Tax Rate - VAT
Forecast Data Chart
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European Union Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 38.60 39.20 47.00 38.00 percent [+]
Sales Tax Rate 21.50 21.50 21.60 13.63 percent [+]
Corporate Tax Rate 21.30 21.90 35.20 21.30 percent [+]

European Union Sales Tax Rate - VAT

In the European Union, the sales tax rate is an average of the taxes charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. This page provides - European Union Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Sales Tax Rate - VAT - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
21.50 21.50 21.60 13.63 1968 - 2018 percent Yearly

Country Last Previous
Italy 22.00 Dec/19
Argentina 21.00 Dec/19
Netherlands 21.00 Dec/19
Spain 21.00 Dec/19
Euro Area 20.80 Dec/18
France 20.00 Dec/19
Russia 20.00 Dec/19
United Kingdom 20.00 Dec/19
Germany 19.00 Dec/19
India 18.00 Dec/19
Turkey 18.00 Dec/19
Brazil 17.00 Dec/19
Mexico 16.00 Dec/19
South Africa 15.00 Dec/19
China 13.00 Dec/19
Australia 10.00 Dec/19
Indonesia 10.00 Dec/19
Japan 10.00 Oct/19
South Korea 10.00 Dec/19
Switzerland 7.70 Dec/19
Singapore 7.00 Dec/19
Canada 5.00 Dec/19
Saudi Arabia 5.00 Jan/19
United States 0.00 Dec/19