- A draft of the VAT Communique regarding the VAT rate application in places offering food and beverage services has been published.
- The draft includes new explanations for the VAT rate application in places where food and beverages are served.
- The draft specifies that a 10% VAT rate (20% for alcoholic beverages) will be applied to food and beverages sold in these establishments.
- Examples are provided to illustrate how the VAT rate will be calculated for different scenarios.
- Sales made by establishments without a business license for food and beverage services are also included in the scope of the VAT rate application.
Source: verginet.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
