VATupdate

Romanian Govt. ponders 5% preferential VAT rate for energy after April

Romanian residential consumers with monthly consumption of under 300kWh will pay a preferential 5% VAT rate and no co-generation or green certificates after April 1 – when the ‘cap and subsidy’ scheme in force over the winter period expires, prime minister Nicolae Ciuca announced on January 11.

Source: romania-insider.com

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