Bucharest City Hall Waives 3% Hotel Tax For 2011

The Bucharest City Hall has waived the 3% tax on hotel revenue from accommodation for this year, giving up more than EUR2 million in income, but allowing hotel operators to lower their fees by 3%.The decision was transmitted to the operators late January through a letter addressed to the Federation of Romanian Tourism Companies by the Bucharest City Hall's General Department for Development and Investments. "The tax is only applicable to revenue from accommodation, not from ...

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