Jose Andrés Duarteassured that there would be better indicators in the sector tourismit is crucial to a VAT difference in accommodation and accommodation establishments.
He guild repeated the call for one VAT difference of 5% for tourism. It’s important to mention that Colombia The VAT is 19% and for accommodation services there is no difference.
“We have the figures, we have the data and have shared it with the government. He VAT 5% could encourage the arrival of formal establishments that generate employment, that generate employment per room they pay for rent and that they are, they generate other contributions through operational revenues. There is a way to positively stimulate the sector because more revenue is generated through higher expenditure,” Duarte said.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
