The Romanian government plans to introduce reduced VAT
The Romanian government plans to introduce a 9 percent reduced VAT to replace the current 24 percent VAT on food that comes from agriculture, from the 1st of January from – said Victor Ponta Romanian Prime Minister on Tuesday.
The Prime Minister at the press conference held in the Ministry of Agriculture explained that he supports the ministry's plan, to use reduced VAT from the 1st of January. According to the plans – Ponta said – the 15 percent difference between 24 and 9 percent would be returned to the producers if they can prove with bills, that their products were legally sold. (MTI)
Related news
Related news
Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >The pork sector is in a difficult situation: rising costs, falling consumption and changing habits
The domestic and EU pork sector has been facing challenges…
Read more >The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >