5 ms·

Ireland even has a 0% rate on books according to wikipedia. Lower than 5% tax rates seem to be pretty common: http://en.wikipedia.org/wiki/European_Union_value

• gsnedders 12y ago
  The UK and Ireland have 0% VAT rates which are allowed as they were essentially grandfathered in. They aren't allowed to be expanded, however.
  • andrewpi 12y ago
    Why does the EU restrict members from lowering their VAT rates?
    • gsnedders 12y ago
      To try and avoid overly large price differentials between member states.