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Romania Announces Plan to Implement Dual VAT Rate System

    Romania plans to implement only two VAT rates The government is working on simplifying the VAT system This change aims to improve economic efficiency The proposal is part of broader fiscal reforms The government seeks to enhance tax collection and compliance

Source: research.ibfd.org

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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