Romania wants to tax digital streaming services and use the revenue to fund the domestic movie industry. The proposed tax would fund the country’s Centrul National al Cinematografiei, which finances film production.
According to reports, a film industry group initially requested a tax of 4%. However, following consultation, the rate will likely be set at 2%.
Source: vatglobal.com
Latest Posts in "Romania"
- Romania Launches National Import System to Streamline Customs Procedures Starting August 2025
- New VAT Rules 2025: Key Amendments and Implications for Small Enterprises and Service Supply
- Romania Increases VAT Threshold, Implements EU Small Business Scheme for Cross-Border Trade
- Romania’s New VAT Rules for Housing: Key Changes and Transitional Measures Explained
- Expanded VAT Ceiling for Small Businesses: Broader Implications and Stricter Obligations Unveiled
