Romania's Government wants VAT cut for all products

29 January 2015

The Romanian Government wants to reduce the VAT on all the goods starting January 2016, according to Prime Minister Victor Ponta, reports local Mediafax.

Last Friday he said that the Government would either cut the VAT by three percentage points, or reduce the VAT on product categories, especially on food.

The Government reduced the VAT on bread from 24% to 9% in September 2013.

editor@romania-insider.com

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Romania's Government wants VAT cut for all products

29 January 2015

The Romanian Government wants to reduce the VAT on all the goods starting January 2016, according to Prime Minister Victor Ponta, reports local Mediafax.

Last Friday he said that the Government would either cut the VAT by three percentage points, or reduce the VAT on product categories, especially on food.

The Government reduced the VAT on bread from 24% to 9% in September 2013.

editor@romania-insider.com

Normal
 

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