- Romanian government proposes draft bill to reduce budget deficit
- Standard VAT rate to increase to 21 percent from 1 August 2025
- Single reduced VAT rate of 11 percent for essential goods
- VAT on new housing to increase to 21 percent with some exceptions until 1 August 2026
- Full draft bill available in source
- Updates will be provided when final text is published
Source: asd-int.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.
