VATupdate

VAT rate changes in Romania to keep in mind starting 2023

Based on the amended act, a 9% VAT rate is declared for restaurant and catering services, as well as hotel accommodation activities. Following the amendments made to the Fiscal Code by GEO 16/2022, the VAT rate will be increased from 5% to 9%. The change became effective on January 1, 2023, for the following…

Source: fiscal-requirements.com

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