Decision To Allow Firms To Deduct VAT For Car Purchases To Stimulate Car Market

11.20.2011 By Ioana Tudor

The Romanian Government’s decision to allow companies starting next year to deduct fuel expenses, as well as the value added tax from car purchases will help stimulate, at least to some extent, the local car market recovery, according to carmaker and dealer representatives.

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Keywords:
VAT
, CAR
, MARKET