Romania cuts reduced VAT on hotels and restaurants
- Dec 8, 2018 | Richard Asquith
Romania has reclassified the following supplies from its 9% reduced VAT rate to the 5% rate:
- Hotel accommodation
- Restaurants and catering services (includes supply of food in bars, cafes and nightclubs)
It has also moved the following services from the standard 19% rate to the 5% reduced rate:
- Sports facilities
- Amusement parks
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara