Tag: Value Added Tax
Shopping at – where else? The Dead Sea Mall!
When you think of the Dead Sea, do you think of a mall? What about a mall with luxury stores, an ice cream store, cafes, and even a spa? A ... Read More
Bank of Tanzania: Tourism main source of country’s foreign exchange receipts
According to the Bank of Tanzania Monthly Economic Review report, tourism industry was the main source of foreign exchange receipts by Tanzania in 2018. In the MER report for the ... Read More
Iceland tourism braces for huge VAT increase
The government of Iceland is proposing a whopping increase to its VAT (value added tax) from its current 7% to 25.5%. Read More
VAT revival will hurt Korea’s tourism
A 45-year-old businessman who operates a mid-size travel agency said he has become extremely stressed whenever he thinks about what he should do next year about the price of tour ... Read More
Cruise lines threaten to drop Mombasa
International cruise ship operators have threatened to pull out of the port of Mombasa, citing high operational costs brought about by newly introduced Value Added Tax on all marine and ... Read More
French go at it, but will it generate much-needed tourism boost?
PARIS (eTN) - As France international tourist arrivals take a dive, the French government adopted over the summer two new laws that could theoretically benefit to tourism. Read More