The value tax would be reduced from the current standard level of 19% to a rate of 16% from January 1, 2020, according to a draft law approved in the budget committee of the Chamber of Deputies. The PSD deputies took a draft of the PNL law in this regard, but on Wednesday, in the debate of the Chamber of Deputies, the project was resubmitted for a new report to the commission. The Liberals indicated that if the measure were adopted, they would ask the Government to delay the entry into force of the VAT reduction.
Source Profit.ro
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