- Romania may raise the VAT rate from 19 percent to 21 percent
- This is in response to concerns about the national budget deficit
- The change could be implemented by 1 July 2025
- Businesses should prepare for potential updates in pricing, systems, and compliance
Source: pincvision.com
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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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