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Moldova tourist tax rise

  • Aug 15, 2019 | Richard Asquith

Moldovia has proposed raising its hotel, accommodation and restaurant VAT rates. The plan includes a rise from the reduced 10% rate to the standard 20%. This is against the European trend, where most countries have now reclassified their tourist-related VAT rates to their reduced rate levels.

In addition, Moldova is to introduce a €200 VAT and customs threshold exemption for the personal imports of packages.

The measures are part of a package for reforms to enable the recommencement of aid from the International Monetary Fund and the European Union.

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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