The invention relates to a machine for making and dispensing liquid or semi-liquid food products, comprising:at least one tank for containing the product to be processed and dispensed and having a discharge orifice for the product to be dispensed;at least one dispensing tap comprising:an external conduit having an inlet orifice which is connected, in use, to the discharge orifice of the containment tank, a product release orifice and a product recirculation orifice,a tubular duct having formed in it a first internal cavity which is provided with at least one radial opening.