VAT
136 articole · RSS
Romania Mulls VAT Cuts Earlier Than 2016, PM Says
Romania's government will decide in April whether to reduce starting June the standard quota of the value added tax from the current 24% to 20%, or the tax for basic food products from 24% t...
Government Extends 9% VAT To Milk, Eggs, Livestock And Live Poultry
Romania's government has extended the list of products to get a VAT cut to 9% to include milk, eggs, livestock and live poultry, besides meat, fish, fruit and vegetables, according to an upd...
Milk And Dairy Producers Call For VAT Cut To 9% On Their Products
Romania's local association of dairy and milk producers APRIL called on the ministries of Finance and Agriculture and the Parliament on Thursday to include milk and dairy products among food...
VAT Cut Would Lead To 6-8% Drop In Fish Prices - Association
The VAT cut on fish proposed in the new Tax Code would increase the legitimate market by EUR20 million and would bring down prices on fish by 6-8%, according to the national association Romf...
VAT Cut To Lower Meat, Fruit And Vegetable Prices - Agriculture Minister
The decrease of the value added tax on meat, fruits and vegetables stipulated in the country's new Tax Code draft will reduce tax evasion and the effects of the Russian embargo, while the pr...
Romania To Lower Excise Duties, VAT Before Yearend - Finance Minister
Excise duties and the value added tax will be lowered before the end of the year, and not in 2016, as established in the country’s new Tax Code Draft, to stimulate consumption in November an...
Tax Code Draft: Romania To Lower VAT To 20% Next Year, To 9% On Meat, Fish, Fruit And Vegetables
Romania's government plans to lower the value added tax from 24% to 20% as of next year and to 9% on food items such as meat, fish, fruits and vegetables, according to the country's new Tax...
Government Collected RON4B Less VAT Than Planned In 2014
Romania’s tax authority ANAF collected only 50.8 billion lei (EUR11.4 billion) in VAT last year even though it had expected RON54.6 billion. VAT revenue therefore dropped in 2014 for the fir...
PM: Government Mulls Cutting VAT For All Products As Of January 2016
The government’s target for this year is to cut value added tax for all products as of January 2016, Prime Minister Victor Ponta told ministers during Wednesday’s government session.