The demand of tourist companies to reduce VAT falls on deaf ears

Reyes Maroto doubts that the measure will have an effect on demand The tourism sector is calling for a reduction in tourist VAT, which has been set at 10% since 2012, to offset the effects of the pandemic, which has hit the sector like no other. For this reason, the business organizations are demanding that […]

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The tourism sector expects a loss of 106.000 million euros at the end of 2020

Entrepreneurs demand a reduction in VAT, tax incentives, direct aids and quick tests to prevent Christmas from being a ruin  Blanca López  With the blocking of antigen tests or rapid tests, without VAT rebates or other tax incentives, without direct aid, and only with credits, basically through the Official Credit Institute (ICO), the tourism sector […]

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