The Moldovan State Tax Service Feb. 13 announced the Feb. 14 increase in the VAT rate for the hotel, restaurant, and cafe (HORECA) sector, to 8 percent from 6 percent, following the expiration of the country’s state of emergency. The announcement clarifies that: 1) the 8 percent rate applies to all comfort categories of accommodation services in various specified lodging facilities, such as hotels, motels, and tourist villas, and to food and beverage products; 2) businesses must program their cash registers and control equipment with the 8 percent rate, and manually enter the rate in the Cash and Control Equipment ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.