AreaSpain

Commodity GroupOilseeds, oils and meals

CommodityOlive oil

Date01/07/2024

Policy CategoryConsumption and marketing

Policy InstrumentTax policy

DescriptionLowered the value added tax (VAT) on olive oil from 5 percent to 0, effective 1 July 2024 until 30 September 2024. The VAT will then be set at 2 percent between 1 October and 31 December 2024.