SPLIT VAT
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Companies
Foreign Investors Council Criticizes Split VAT
The Foreign Investors Council (FIC) criticized the government's plan to impose separate payment accounts for value-added tax as of January 1, 2018 saying it will have a serious impact on the...
Analysis
Romanian Govt Expects RON6B in VAT Collections In 3 Years With Split VAT
Romania expects to get RON6 billion in VAT collections in the period 2018-2020, or RON2 billion a year, if it requires separate VAT payment accounts for companies as of January 1, 2018, fina...
Companies
Business Environment Opposes Govt Plans to Split VAT Payments
Business owners and associations in Romania, as well as fiscal consultants, oppose the government's plans to introduce separate VAT payment accounts for companies, which would raise companie...