Romania abandons 2019 VAT cut
- Aug 2, 2018 | Richard Asquith
Romania is considering postponing cutting its 19% VAT rate to 18%, as planned for January 2019. The decrease is in jeopardy as the country is struggling to reduce its deficit to 3% of Gross Domestic Product.
Romania originally raised VAT from 19% to 24% in 2010 during the European financial crisis. But has since cut it to 19% in two stages, completing in January 2017.
Need help with your Romanian VAT compliance?
Researching Romanian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.
Total results : 4
Union vs non-Union OSS: what’s the difference?
UK VAT Guide - Avalara
North America Country VAT Guide - Avalara
US 2021 sales tax updates for foreign businesses
