VAT CUT
17 articole · RSS
PM: Government Considers Special Taxes Unless Retailers Lower Shelf Prices After VAT Cut
The government can't freeze shelf prices following a VAT cut to 9% on food items but could introduce special measures, such as high taxes, unless retailers adjust their prices to the VAT cut...
European Commission Voices Concerns Over Romania’s Planned VAT Cut
The European Commission is concerned about the Romanian Government’s plan to reduce VAT rates which are expected to have a substantial negative fiscal effect, EC Vice-President Valdis Dombro...
Large Retailers In Romania Say Shelf Prices Will Reflect VAT Cut
The planned lowering of the value added tax for all food products, including non-alcoholic drinks and restaurant services, to 9% from 24% currently, starting June 1, will be fully visible in...
Constantin: VAT Cut For Food Products To Lower Prices, Boost Consumption
The cut of the value added tax for food products to 9% will lead to lower prices, higher consumption and better collection of state budget revenues, Agriculture Minister Daniel Constantin st...
EY: VAT Cut Should Come Along With Measures To Tackle Tax Evasion And Boost Tax Collection
The lowering of the value added tax should be supported by measures to fight tax evasion and increase tax collection, according to EY consultants, who also expect government to cut investmen...
VAT Cut On Meat To Boost Consumption, Reduce Bankruptcies - Romanian Meat Association
The lowering of the value added tax on meat, included in the new Tax Code draft, will boost consumption, reduce bankruptcy of companies in the sector and bring EUR300 million to the state bu...
Constantin: VAT Cut On Meat, On Government’s Agenda For 2015
The VAT cut for meat and meat products will remain an objective of the government for 2015, if allowed by budget revenue, Agriculture Minister Daniel Constantin told Mediafax Talks about Bre...
VAT Cut On Meat A Priority, Future Government To Decide - Minister
A lower sales tax in the meat industry is a priority, after Romania lowered the VAT rate on beard to 9% from 24%, but the decision will belong to the future cabinet, after the presidential e...