According to the Spanish government, 21% of the value-added tax for protective masks sold on the market is a normal tax rate. Considering that other European countries have previously reduced the value-added tax rate of this type of products, for example, Portugal is 6% and France is 5.5%. Spain will reduce the tax rate to 4% in the near future.

The Minister of Finance of Spain announced on Tuesday that the government will pass a decree at the recent ministerial meeting to reduce the value-added tax on masks from 21% to 4%.

The course of the matter, according to news from the National Daily, Spain has always insisted that the value-added tax for masks should be 21%. If the tax rate is adjusted, it will touch the EU law. However, the Spanish government has received a notice from the European Commission the day before. Inform Spain that it will not initiate punishment procedures. That's why the Spanish government was confident enough to decide to keep pace with other EU countries and reduce the value-added rate of essential categories to 4%.

In addition, the public sales of protective equipment to fight the epidemic (including masks) will continue to implement the tax exemption policy, that is, sales to hospitals, government departments, non-profit organizations that fight the epidemic will be exempt from VAT. This measure is expected to continue until April 2021.