EU Finance Ministers decide on regulation to reduce VAT on bicycles and e-bikes

BRUSSELS, Belgium - European Union finance ministers agreed on 7 December to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change and health protection. This includes bicycles.
Andrej Šircelj, the Slovenian minister of finance announcing the adoption of the general approach on updating rules for reduced value-added-tax rates. – Photo EU