- The OECD’s economic survey of Romania highlights the need for the country to improve tax revenue collection through various reforms.
- The report emphasizes the importance of digitizing Romania’s tax administration to combat tax evasion and enhance revenue collection.
- The OECD suggests transitioning more goods and services to the standard VAT rate of 19% and gradually shifting towards progressive taxation of wages as part of broader tax reforms aimed at improving revenue efficiency.
Source GlobalVATcompliance
Latest Posts in "Romania"
- Romania Approves Prefilled VAT Return Under Order 2351/2025
- Romania Repeals NGO VAT Exemption, Raises VAT and Dividend Tax Rates
- 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
