Romania will introduce a reduced VAT for tourism services

By: Trademagazin editor Date: 2018. 10. 30. 10:20

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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)