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

Kuwait government rules out the implementation of VAT

Kuwait’s government has recently confirmed a new four-year plan, which rules out the implementation of VAT before 2028.  Instead, the country will look at...

SEE MORE
VAT news
LATEST NEWS

Morocco introduces VAT on e-services for non-resident...

From 14 February 2024, Morocco introduced VAT at 20% on the sale of digital services by non-resident providers to local consumers.  Previously, foreign...

SEE MORE
VAT news
LATEST NEWS

Polish Ministry of Finance issues new National...

The Polish Ministry of Finance recently announced a round of nine public consultations ahead of a newly proposed July 2025 launch date of KSeF B2B e-invoicing...

SEE MORE
VAT news

Gated Content

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