Romania cuts VAT rate on Sports Services

2 November 2016

From 1 January 2017 Romania will reduce the VAT charged on sports and fitness-related services from the 20% standard rate to the reduced rate of 9%.

10 other EU member states currently charge a reduced rate of VAT on sports services and this is in an effort to try to control the growing problem of obesity.

LATEST NEWS

Several member states are proposing the introduction...

Several EU countries, including Belgium, France, the Netherlands, and Romania, are proposing the introduction of a national handling fee on low‑value...

SEE MORE
VAT news
LATEST NEWS

Reminder: Bulgaria joined the Eurozone on 1 January...

From 1 January 2026, Bulgaria has adopted the euro as its official currency. The country has been preparing for this transition since joining the European...

SEE MORE
VAT news
LATEST NEWS

EU to remove the customs duty exemption for “low...

Currently, imports valued at €150 or below can be imported duty free into the EU. However, the European Union has reached an agreement to abolish this...

SEE MORE
VAT news

Gated Content

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