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
European Public Prosecutor’s Office confirms €13bn...
The European Public Prosecutor’s Office (EPPO) recently released a report revealing that over half of the investigated EU budgetary losses up until December...
SEE MORE
LATEST NEWS
Slovenia delays the introduction of mandatory...
The Slovenian government have proposed a delay in the mandating of e-invoice reporting for B2B transactions to 1 January 2027. This new implementation date...
SEE MORE
LATEST NEWS
Canada: Nova Scotia to decrease its standard...
From 1 April 2025, the Canadian province of Nova Scotia will reduce the HST rate applied within the province from 15% to 14%. There are no other HST rate...
SEE MORE