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Dominica cuts hotel VAT rates

  • Aug 1, 2014 | Richard Asquith

Dominica cuts hotel VAT rates

Dominica is to reduce its VAT rate on hotel accommodation from 15% to 10%.

The measure was announced in its 2014/2015 budget as part of a package of tax cuts to help attract foreign investment. Other changes included a cut in its corporate income tax rate from 30% to 25% by 2017.

The drop in the tourist hotel VAT rate mirrors similar changes around the world. Greece recently decreased its  tourist VAT rates from 23% to 13%.  Although other countries are eliminating such subsidies for the tourism industry due to mounting deficits, including a French hotel VAT rate rise this year.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.