2. Tax rates

A. Seed oils and edible pastes

With effect from January 1, 2023 and valid until September 30, 2024:

• The rate of 5 percent of VAT will apply to supplies, imports and intra-Community acquisitions of seed oils and pasta products.

  The type of equivalence surcharge applicable to these operations will be 0.62 percent .

With effect from October 1, 2024 and valid until December 31, 2024:

• The rate of 7.5 percent of VAT will apply to supplies, imports and intra-Community acquisitions of seed oils and pasta products.

  The type of equivalence surcharge applicable to these operations will be 1 percent .

B. Staple foods

With from January 1, 2023 and valid until September 30, 2024

• The rate of 0 percent of VAT will be applied to supplies, imports and intra-Community acquisitions of the following products:

  • common bread , as well as frozen common bread dough and frozen common bread intended exclusively for the production of common bread, as well as baking flours .

  • The following types of milk produced by any animal species: natural, certified, pasteurized, concentrated, skimmed, sterilized, UHT, evaporated and powdered.

  • The cheeses and the eggs .

  • The fruits, vegetables, legumes, tubers and cereals that have the status of natural products.

  The type of equivalence surcharge applicable to these operations will be 0 percent.

With from October 1, 2024 and valid until December 31, 2024

• The rate of 2 percent of VAT will be applied to supplies, imports and intra-Community acquisitions of the following products:

  • common bread , as well as frozen common bread dough and frozen common bread intended exclusively for the production of common bread, as well as baking flours .

  • The following types of milk produced by any animal species: natural, certified, pasteurized, concentrated, skimmed, sterilized, UHT, evaporated and powdered.

  • The cheeses and the eggs .

  • The fruits, vegetables, legumes, tubers and cereals that have the status of natural products.

  The rate of the equivalence surcharge applicable to these operations will be 0.26 percent.

C. Olive oil

With from 1 January 2023 and valid until 30 2024, the VAT rate of 5 will apply to deliveries, imports and intra-Community acquisitions of olive . The type of equivalence surcharge applicable to these operations will be 0.62 percent .

With effect from July 2024 and valid until 30 2024, deliveries, imports and intra-Community acquisitions of olive oils will be taxed at a of 0 . The type of equivalence surcharge applicable to these operations will be 0 percent .

With effect from October 1, 2024 and valid until December 31, 2024, deliveries, imports and intra-community acquisitions of olive oils will be taxed at the rate of 2 percent . The type of equivalence surcharge applicable to these operations will be 0.26 percent .

D. Electric energy

With from January 1, 2024 and valid until December 31 2024, the 10 percent rate of Value Added Tax will be applied to deliveries, imports and intra-community acquisitions of electrical energy made in favor of:

• Holders of electricity supply contracts, whose fixed power term is less than or equal to 10 kW , regardless of the supply voltage level and the contracting modality, when the arithmetic average price of the daily market corresponding to the last calendar month prior to the last day of the billing period has exceeded 45 euros/MWh . Otherwise case, they will be taxed at the rate of 21 percent .

• Holders of electricity supply contracts who are recipients of the electricity social bonus and have been recognized as severely vulnerable or severely vulnerable at risk of social exclusion , in accordance with the provisions of Royal Decree 897/2017, of October 6.

E. Natural gas

With effect from January 1, 2024 and valid until March 31, 2024 , the rate of 10 percent of Value Added Tax will apply to supplies, imports and intra-Community acquisitions of natural gas .

F. Briquettes, pellets and firewood

With effect from 1 January 2024 and valid until 30 June 2024 , the rate of 10 percent of Value Added Tax will apply to supplies, imports and intra-Community acquisitions of briquettes and "pellets" from biomass and wood for firewood .