The Republic tof San Marino has no VAT regine on goods and services. It applies an indirect ”monofase”/”single phase” tax on goods imported in San Marino. Goods are threfore imported in the Republic under a VAT exemption regime, whereas some raw materials have a reduced tax rate.
Applicable rates:
- Purchase of operating assets: 1% monofase tax rate
- Food: 2%
- Animals and meat from animals: 6%
- Used cars: 3.5%
- New cars: 7%
- Imports: 17%
Source
Latest Posts in "San Marino"
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- San Marino Establishes Technical and Procedural Rules for Electronic Invoicing for Transactions with Italy
- Electronic invoicing via SDI becomes mandatory from July 1, 2022 for transactions between Italy and San Marino, only for the supply of goods
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