Only around half of consumer spending is taxed at the standard VAT rate of 20%, a low share compared with other rich countries.
只有大约一半的消费者支出按20%的标准增值税税率纳税,这一比例与其他富裕国家相比较低。
The VAT rate reverted to 17.5% at the start of this year.
刚进入10年,价值增值税就来了个大逆转,升至17.5%。
The VAT rate applicable to the transportation sector is 11 percent.
交通运输业适用的增值税税率为11%。
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