Romania will introduce a reduced VAT for tourism services
The Romanian government has decided to introduce a reduced 5 percent VAT for tourism services from 1 November – Nelu Barbu, government spokesman announced.
In Romania, the general VAT rate is 19 percent, which is also valid for tourism services. With this measure, the government wants to support the development of tourism and the reduction of tax evasion in the sector. (MTI)
Related news
MTÜ: government proposals further strengthen the competitiveness of domestic hospitality
The government’s proposals further strengthen the competitiveness of domestic hospitality,…
Read more >MTÜ: Government proposals further strengthen the competitiveness of domestic hospitality
The Ministry of National Economy recently submitted proposals determining the…
Read more >Lőrinc Nacsa: this year could be a record year for tourism in Hungary
This year could be a record year for tourism in…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >