Romania | VAT refund procedures to change for high-risk taxpayers from 01 May 2017

By |June 16th, 2017|

Romania recently made a change in the procedure for approving Value Added Tax (VAT) refunds from VAT returns which has been published in Romania’s official journal. In brief, the change will mean that taxpayers identified as high-risk will qualify to receive a refund only after an audit. These high-risk taxpayers [...]

Romania: 9% VAT rate applicable to agricultural products

By |July 26th, 2016|

The Government Ordinance no. 32/2016, published on 30 June 2016 in the Official Gazette of Romania, has stated that effective from 1st August 2016 the 9% VAT rate is set to be extended to certain agricultural products (fertilizers, pesticides, seeds and other products). The reduced VAT rate should also apply [...]

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