Notice: Function add_shortcode was called incorrectly. Invalid shortcode name: Empty name given. Please see Debugging in WordPress for more information. (This message was added in version 4.4.0.) in /opt/bitnami/wordpress/wp-includes/functions.php on line 6121
Romania Enacts Budget Measures Including Extended Scope of 5% Reduced VAT Rate — Orbitax
OrbitaxOrbitax

Romania Enacts Budget Measures Including Extended Scope of 5% Reduced VAT Rate

|Approved Changes|Romania
Romania

Romania has published Law no. 13 of 8 January 2019 in the Official Gazette, which enacts, with some changes, the Government Ordinance of 9 October 2018 on various budget measures. One of the main tax-related changes is an extension of the 5% reduced VAT rate to:

  • Accommodation in the hotel sector or similar-function sectors, including rental of campgrounds;
  • Restaurant and catering services, ex…

Continue Reading