Ponta Cabinet Eyes Introducing Simplified VAT Scheme For Small Businesses

05.07.2012 By Ecaterina Craciun

Romania’s Finance Minister-designate Florin Georgescu on Monday said the new Cabinet plans to introduce a simplified value added tax scheme for small businesses while a decision regarding a potential reduction in VAT on food products will be made after the parliamentary elections due in fall.

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Keywords:
GEORGESCU
, VAT
, FOOD