Upcoming Fiscal Measures in Romania
- Two-Stage Implementation: The new government’s fiscal measures will be implemented in two phases: some starting July 1, 2025, and others from early 2026.
- VAT Increase to 21%: Effective July 1, 2025, VAT will rise from 19% to 21%, aimed at reducing the budget deficit and potentially generating an additional 7 billion lei by year-end.
- Elimination of Caps: The new measures will also include the removal of existing caps, impacting various sectors and affecting Romanian citizens directly.
Source
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