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Tax measures Imposed by Brussels: 19% VAT, Progressive Tax and 20% Income Tax

In conclusion, there will be several goods and services for which the VAT will increase to 19%, among them are catering and restaurant services, the construction of residential buildings with areas smaller than 120 square meters and whose value is less than 450,000 lei (including the land), the construction of buildings for town halls, as well as some traditional products or from the mountain area, but which do not fall into the category of food products.

Source: www.bursa.ro

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