Tourism : Gov't cuts VAT for accommodation, restaurants, catering, gyms and amusement parks to 5 percent starting November 1

The government has lowered the VAT rate for accommodation, restaurants, catering, gyms and access to amusement parks to 5 percent starting November 1. Experts point out that there are still many questions about the application of the new rules.  The decision was announced at the beginning of October. Until end-October, the VAT rate for accommodation, restaurants and catering was 9 percent, while for gyms and amusement ...

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