- The VAT rate on tourist activities is reduced from 12% to 8% on holidays and weekends.
- The import of fuel from hydrocarbons, biofuel and natural gas destined for domestic consumption by companies or individuals authorised to import such goods is exempt from VAT.
- Imports and the local acquisition of goods for use in the agricultural, aquaculture and fishing sectors are subject to a 0% VAT rate.
Source BDO
