Taxback Blog

Smarter VAT Solutions

With our blog we’ll keep you up to date on the latest happenings in the VAT area as well as our point of view on different legislative initiatives. Here we will share our opinion on new concepts and developments in the industry.

10.04.2017

Albania Cuts Tourism VAT Rate to 6%

Albania has slashed its tourism rate of VAT from 20% to 6%. The move is most likely influenced by a desire to imitate the success of a reduced rate of VAT on tourism services enjoyed in most EU countries. Implementing the reduced rate of VAT on tourism-related services throughout the EU has seen a bolstering of the tourism industry and creation of jobs.

We know that Indirect taxes such as VAT and GST can have a huge effect on your business. As VAT rates change sporadically keeping yourself informed can be difficult.  Compliance is always crucial. That’s why our Indirect Tax Experts share their hand-picked news stories every day that you need to know. From breaking news to VAT changes and new EU legislation. We know that relevant information means better decision making. We aim to be your number source for VAT and GST news.

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