“Romania can return to a sales tax of 19% if its economy keeps last year’s growth rate of 3.5%,” Ponta told Romania TV.
The Ponta Cabinet’s new governing program stipulates the widening of the taxation pool, the reduction in VAT for basic foods, the return to 19% sales tax and the cut in social security contributions, if the fiscal-budget framework allows it.
Romania increased its sales tax to 24% from 19 % in the summer of 2010.