Revised tourism VAT of 6% can be applied starting from June: GTD
All accommodation service providers can immediately use, since the first month, the opportunity to benefit from a lowered tourist value added tax rate of 6 percent.
The General Tax Directory informs that all taxpayers can register their receipts in the sales book at a rate of 6 percent in June.
“With the entry into force of the law “For an amendment to the Law no. 92/2014, “On value added tax””, the reduced rate of value added tax of 6 percent started to be applied from June,” writes a press release from the General Tax Directory.
“This degree is mandatory to be applied for the provision of accommodation service in accommodation structures, according to the categories set out in the tourism legislation.”
All accommodation service providers affected by this change can immediately use, from the first month, the opportunity to benefit from this low tax rate, states the press release.
“Taxpayers will be able to register their receipts with a 6 percent rate, in the sales books of June, as a tax period and filed, until July 10.”
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