Romania mulls VAT cut

Joe Stanley-Smith

February 06, 2015

Romanian Prime Minister Victor Ponta has announced his intention to ease the VAT burden on the country’s taxpayers in 2016, either by reducing the headline rate from 24% to 21%, or by increasing the number of goods and services that come under the 9% reduced rate.

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Romania mulls VAT cut

Romanian Prime Minister Victor Ponta has announced his intention to ease the VAT burden on the country’s taxpayers in 2016, either by reducing the headline rate from 24% to 21%, or by increasing the number of goods and services that come under the 9% reduced rate.

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