Political parties in Romania agree to cut VAT rate to 20%Staff writer ▼ | August 24, 2015
The main Romanian political parties decided to cut the VAT rate from 24% to 20% starting January 1, 2016, and to 19% starting 2017.
Tax in Europe The new Fiscal Code in Romania
The National Liberal Party PNL has agreed with the VAT rate cut in two steps and has signed a technical agreement, which will represent the support for the political vote in the Parliament. ■