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
