- Certain categories of non-alcoholic drinks will no longer will be subject to the reduced VAT rate.
- The supply of hotel accommodation, and restaurant and catering services will no longer be subject to the 5% VAT rate
- A new threshold of 600,000 RON has been introduced for the application of the 5% rate for the supply of housing.
- The application of the 5% VAT rate for supply of wood for use of firewood (in certain conditions) was extended to 31 December 2029.
Source: KPMG
Latest Posts in "Romania"
- Romania Launches Tax Reforms to Curb Evasion, Streamline Share Transfers, and Reduce Bureaucracy
- VAT Cash-Accounting Thresholds Increased with Transitional Measures Effective March 2026
- Romania Delays Mandatory E-Invoicing for Individual Entrepreneurs to June 2026, Adds Deregistration Option
- Romania – VAT law – Law 227/2015 updated
- Romania Modernizes Tax Registration with Electronic Certificates and Enhanced Digital Services
