While on the general subject of olive oil, have you ever stopped to think about the tax level on a nice Jamón Serrano?
Guess how much IVA you pay on a Jamon, even a nice bellota, pata negra, best of the best? Luxury product, special once a year treat, sort of thing.
No, despite everybody agreeing a Jamon is a luxury product, it’s not 16%.
It’s 7%.
But if it’s cut up, deboned or otherwised prepared for the masses in a pack, it goes back up to 16%.
Guess the chap who thought that one up was partial to a bit of Jamón himself.