Romania proposes to cut the standard VAT rate to 16%

1 August 2019

From 1 January 2020, the Romanian tax authorities are proposing to cut the standard VAT rate from 19% to 16%.

If adopted the reduced VAT rate will also be lowered from 9% to 5%.


Find out more about VAT in Romania
LATEST NEWS

Emergency VAT measures to combat the financial impact...

Due to the negative financial impact that the Coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...

SEE MORE
LATEST NEWS

UPDATE: EU warns 14 member states on delay in...

The European Commission (EC) has issued formal notice letters to 14 European Union (EU) member states, warning them on their failure to implement the four...

SEE MORE
LATEST NEWS

France relaxes conditions for Import VAT Postponed...

From January 2021, France will drop all requirements on businesses who are entitled to use the Import Value-Added Tax (VAT) Postponed Accounting regime in the...

SEE MORE

Gated Content

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