Type of Intervention: Regulation
Sectors Involved: Private Sector and Businesses, Tourism
Intervention Categories: Finance policy and financial aid; Fiscal policy
Level of Jurisdiction: National
Lead People/Agency: Ministry of Finance
Overview: Bulgaria reduces VAT for restaurants and entertainment establishments in tourism. The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% from this summer to the end of 2021.
Full details here: https://bnr.bg/en/post/101274299/bulgaria-reduces-vat-for-restaurants-and-entertainment-establishments-in-tourism
Type of Justification: Supporting the development of tourism