- 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 High Court: No Limitation Period for Carrying Forward Negative VAT Balance
- Ministry of Finance backs a simplification amendment impacting RO e-Factura system
- Romania Expands e-Invoice Exemptions for Certain Taxpayers
- Tourists in Europe Can Reclaim VAT on Shopping, but Many Miss Out
- ANAF to Pre-fill VAT Return Using SAF-T Data in Pilot Program
