Moldova tourist tax rise
- European News
- 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.