VAT: rates
The standard VAT rate is 20%; the reduced rate of 10% applies to the operations listed in Article 99 (including accommodation, catering and cafés, and banking and credit operations). The transitional period that applied the 7% and 14% rates ended on 1 January 2026; the operations concerned are now taxed at 10% or 20% under Article 247-XXXXI. Reference: General Tax Code 2026, Articles 99 and 247-XXXXI.