The rate is the percentage that is applied to the taxable base to obtain the quota.
The rate applicable to each operation will be the one in force at the time of accrual.
The VAT Law establishes a general rate and two reduced rates to give favorable treatment to certain operations.
General tax rate:
The current general tax rate is 21 percent.
Reduced tax rates
The current reduced rates are 10 percent and 4 percent.