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Moldova COVID-19 VAT rate cut

  • Nov 27, 2020 | Richard Asquith

27 Nov - 2021 proposal to further reduce hostpitality VAT from 15% to 12%

Update, 1 April: VAT cut on hospitality services is confirmed as 20% down to 15%.

19 March: The Moldavian Ministry of Finance has proposed some initial Value Added Tax measures to assist businesses struggling with the effects of the coronavirus pandemic.

VAT will be cut for the tourism industry, in particular for hotel, restaurant and catering services. These services are currently set at the standard rate of 20%. Until the start of 2020, they had been subject to the reduced 10% rate.

Any VAT investigations or assessments will be paused. Follow Avalara’s live  global coronavirus Covid-19 VAT measures tracker.

Explore more content like this in our Building for COVID-19 recovery hub

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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.
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