the tourism tax might have some additional positive aspects (opinion)
jul26 D espite accounting for a very small share of local government tax revenue, the tourism tax might have some additional positive aspects that contribute to the decision to keep this form of duty active, economist and associate professor of business economics at the University of Macau’s Faculty of Business Administration, Professor Henry Lei, told the Times. According to information provided by the Financial Services Bureau (DSF) to the Times in response to an inquiry, the recent changes in the number and types of businesses that are subject to the 5% levy are expected to result in a 50% reduction in regular revenue from this tax. “Starting from July 1, 2026, for establishments exempted from tourism tax pursuant to the provisions of Article 4(e) of the tourism tax regulation, as amended by Article 45 of Law No. 5/2026, tax revenue is expected to decrease by approximately MOP750,000,” the DSF said, adding, “The relevant tourism tax amount collected for the fiscal year 2025 is ...