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VAT

Extension the Authorization for Romania to Limit the VAT Deduction Right for Motorized Vehicles to 50%

The EU published Council Directive Implementing Decision (EU) 2020/1262 of 4 September 2020, amending Implementing Decision 2012/232/EU authorising Romania to apply measures derogating from Article 26(1)(a) and Article 168 of Directive 2006/112/EC on the common system of value added tax

  • Authorisation for Romania to limit the VAT deduction right for motorised vehicles to 50%
  • Until 31 December 2023

Source Curia

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