Romania extends VAT registration threshold
- Jul 16, 2020 | Richard Asquith
The European Commission is to agree to Romania extending its existing VAT registration threshold of €88,500 until 31 December 2021. Romania has introduced the current threshold on 1 January 2018, it was increased from €65,000 per annum to €88,500 per annum.
The European Commission authorised Romania to implement the rise as a variation on the Article 287 rules of the EU VAT Directive.
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