Tax frauds declined in the Romanian bakery industry due to reduced VAT

According to the datas of the Romanian bakery producers tax frauds declined by about 20 percent in the sector due to the reduced VAT on bakeyr products, that was introduced a year ago by the Romanian government.

According to the datas of the Rompan Association, released on Wednesday the amount of flour and bread sales increased by 19 percent, and by about 280 thousand tonnes. The amount of bread sales increased to 1.026 million tonnes, compared to the 862 thousand tonnes of the previous year. (MTI)