- Romania extended the 9% reduced VAT rate for certain residential property purchases until September 30, 2026.
- The relief applies to a single home up to 120 sqm and RON 600,000 (excluding VAT).
- Eligibility requires a prepayment agreement signed before August 1, 2025; in some cases, a 20% down payment had to be fully paid by July 31, 2025.
- The extension was introduced to address delays caused by an ANCPI cyberattack and system outage.
- Buyers who paid the standard 21% VAT in the affected period may request a refund of the difference starting October 1, 2026.
Source: kpmg.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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