The rate of advertising tax will be 7.5 percent from July

The Parliament amended the law on advertising tax on Tuesday, according to which 7.5 percent will be the rate of the advertising tax in the second half of the year.

The tax rate is zero percent between 1 January 2017 and 30 June 2017, which is justified by the government’s avoidance of retroactive burden growth. For the second semester, ie from 1 July, 7.5 percent has to be paid. (MTI)