Romania has introduced several tax changes for 2024. Some of the main changes include:
- An increase in the VAT rate from 5% to 9% for supplies of:
- social housing;
- certified high-quality food;..
- An increase in the VAT rate from 9% to 19% for supplies of non-alcoholic beer and food with added sugar…
- The repeal of the VAT exemptions for supplies to public hospitals, including construction, rehabilitation, and modernization services…
- The requirement for all companies established in Romania and non-residents registered for VAT in Romania to use the national electronic invoicing system (RO e-Factura) in respect of taxable…
The tax changes apply from 1 January 2024.
Source: Orbitax
Latest Posts in "Romania"
- New ECJ VAT Case T-680/25 (Mercedes Benz) – No details known yet
- Romania Increases Reduced VAT Rate on Agricultural Products and Services to 11%
- Romania Delays E-Invoice Requirement for Farmers and Cultural Institutes Until June 2026
- ANAF Implements New Procedure for Reporting Late e-Invoice Submissions by Suppliers
- Romania Launches SAF-T Pilot Program to Enhance VAT Compliance Through Digital Controls
