Change in VAT rate in Romania

31 March 2014

The Romanian government has confirmed that it is not in a position to reduce the 24% standard VAT rate at the moment due to the continuing impact of low economic growth. In the meantime, there may be a reclassification of meat, fruit and vegetables from the standard rate to the reduced 9% rate. There are no details yet as to the full range of low VAT rate changes.

LATEST NEWS

German IOSS portal to miss EU e-commerce VAT package...

The German portal to support the EU’s Import One-Stop-Shop (IOSS), will not be ready for the launch of the EU’s e-commerce VAT package on 1 July...

SEE MORE
LATEST NEWS

Canada - British Columbia PST applied on digital...

From April 2021, the Canadian province of British Columbia imposed Provincial Sales Tax (PST) at 7% on income earned by non-resident providers of e-services...

SEE MORE
LATEST NEWS

Singapore to introduce GST on e-commerce imports

From 1 January 2023, the Singaporean government confirmed that it will introduce a Goods and Service Tax (GST) on imported sales of goods and non-digital...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.