- Romanian President signed Law No. 141/2025, published on July 25, 2025
- Standard VAT rate increases from 19 percent to 21 percent effective August 1, 2025
- Reduced VAT rates of 9 percent and 5 percent consolidated into a single rate of 11 percent
- 11 percent rate applies to medicines, staple foods, certain cultural services, printed books and newspapers, energy services, and hospitality services excluding alcohol
- Temporary 9 percent VAT rate for qualifying housing transactions until August 1, 2026, with conditions
- Law includes changes to bank turnover tax, dividend tax, income tax rules, and health contributions
Source: globalvatcompliance.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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