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Denmark considers eliminating VAT on fruits and vegetables
A survey conducted by Epinion for the Danish Veterinary and Food Administration reveals that one-third of Danes consider fruits and vegetables to be expensive. While fruit and vegetable consumption is common, only 5 percent of the population consumes them at a high volume of approximately 600 grams daily. Most Danes consume these products several times a week.
In response to pricing concerns, the Minister of Taxation and Growth, Jakob Engel-Schmidt, has indicated that the government is working to reduce the general VAT on food and potentially eliminate it entirely for fruits and vegetables. This elimination would result in a loss of 17.4 billion Danish kroner (approximately 2.3 billion euros) in tax revenue. While some economists argue the measure is costly and inefficient, the Danish Organic Product Association has proposed a targeted VAT reduction specifically for organic products.
Entities
Danish Organic Product Association · Danish Veterinary and Food Administration · Epinion · Jakob Engel-Schmidt