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

Belgium approves draft law for near-real-time...

July saw the Belgian Council of Ministers approve a preliminary draft law to introduce near-real-time electronic reporting of certain invoice data to the tax...

SEE MORE
VAT news
LATEST NEWS

Luxembourg proposes the introduction of electronic...

This month Luxembourg’s Government approved a draft law to introduce mandatory structured business-to-business (B2B) e-invoicing for domestic transactions...

SEE MORE
VAT news
LATEST NEWS

Germany's action plan signals move toward...

Germany has announced a 26-point “Action Plan” against tax and financial crime, which aims to increase detection risk, strengthen enforcement, and improve...

SEE MORE
VAT news

Gated Content

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