Tourism industry now seeks VAT moratorium Sandra Chao and Mathias Ringa

By: Publication details: Nairobi Nation Media Group Ltd 2013Description: p. 5 Business Daily, September 13, 2013Subject(s): Summary: - Local hoteliers face losses as EU laws do not allow price changes after bookings. - Hotels may be forced to pay the VAT from their capital because consumer protection laws in the EU do not allow price changes once bookings have been made.
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- Local hoteliers face losses as EU laws do not allow price changes after bookings.
- Hotels may be forced to pay the VAT from their capital because consumer protection laws in the EU do not allow price changes once bookings have been made.

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