Competition Council Fears Retailers May Collude To Keep VAT Cut In Their Profits

05.11.2015 By Ecaterina Craciun

Romania’s Competition Council fears that stores, retail chains and producers might collude to keep in their profits the planned cut to 9% in the sales tax on food items starting June 1, watchdog head Bogdan Chiritoiu said Monday.

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Keywords:
COMPETITION COUNCIL
, VAT CUT
, PRICES