Welcome
Daily Tax Report ®

EU Waives Customs, VAT on Medical Equipment to Fight Pandemic

April 3, 2020, 5:42 PM

The EU is suspending customs duties and value-added tax on medical equipment used to combat the new coronavirus pandemic, the European Commission announced Friday.

  • The waived taxes and duties apply to items that governments distribute for free to medical personnel or to people affected by or are at risk of the virus, the Commission said in a decision.
  • The relief will apply to items like protective equipment for medical staff, testing kits, and ventilators, the Commission said in a statement, also released Friday.
  • The Commission on Mar. 20 invited all member states and the U.K. to apply to waive the levies and all did so, the Commission said.
  • The measure applies retroactively from Jan. 30 and will last six months, but may be extended.

To contact the reporter on this story: Isabel Gottlieb in Washington at igottlieb@bloombergtax.com

To contact the editors responsible for this story: Meg Shreve at mshreve@bloombergtax.com; Yuri Nagano at ynagano@bloombergtax.com

To read more articles log in. To learn more about a subscription click here.