Cut in hotel accommodation VAT rate to have a negative effect of €8 mln

Tirana Times
By Tirana Times April 12, 2017 17:53

Cut in hotel accommodation VAT rate to have a negative effect of €8 mln

Story Highlights

  • Albania is the only regional country to apply a standard VAT rate of 20 percent on almost all goods and services, including basic food, except for medicines which are VAT free

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TIRANA, April 12 – The cut in the value added tax from a standard 20 percent to a differentiated 6 percent for the tourism accommodation sector will have a negative

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By Tirana Times April 12, 2017 17:53