The government will establish, by an emergency ordinance, in order to increase the degree of absorption for European funds, for all beneficiaries of the Large Infrastructure Operational Program, the value added tax (VAT) to be borne from the state budget for areas related to development smart gas distribution networks and increasing the production of energy from less exploited renewable resources.
Source Profit.ro
Latest Posts in "Romania"
- Romania Launches National Import System to Streamline Customs Procedures Starting August 2025
- New VAT Rules 2025: Key Amendments and Implications for Small Enterprises and Service Supply
- Romania Increases VAT Threshold, Implements EU Small Business Scheme for Cross-Border Trade
- Romania’s New VAT Rules for Housing: Key Changes and Transitional Measures Explained
- Expanded VAT Ceiling for Small Businesses: Broader Implications and Stricter Obligations Unveiled
