TURKEY NEARS 50 MILLION FOREIGN VISITORS

Kevin Eagan -
Turkey is a standout performer in the tourism sector. In the first nine months of the year, the country welcomed 49.2 million foreign visitors, generating a record revenue of 46.9 billion dollars from ...

NEW EU VAT SYSTEM TO FIGHT AGAINST FRAUD

James Morris -
Uber drivers and Airbnb hosts are typically considered small business owners and often do not pay VAT (Value Added Tax). However, according to plans from the EU, this situation may change in the futur ...

MOST TIME-CONSUMING CITIES IN EUROPE

Theodore Slate -
Europe's major cities draw visitors with their unique culture, stunning sights, and a wide range of leisure activities. However, if you're planning a short trip, you'll quickly notice that popular att ...

BUSINESS TRAVEL SPENDING IN EUROPE CONTINUES TO FALL BELOW PRE-COVID LEVELS

Kevin Eagan -
European business travel spending is projected to reach $391.1 billion (€360.4 billion) in 2024, marking a 10.4 percent increase from 2023. Additionally, Europe is expected to comprise 26.4 percent of ...

URUGUAY APPROVES VAT EXEMPTION FOR TOURIST SERVICES

Kevin Eagan -
To boost tourism and support the local economy, Uruguay has announced a measure to exempt non-resident tourists from the Value Added Tax (VAT) during their stay in the country. This exemption will be ...