KPMG: Romania’s VAT Standard Rate To Remain Among World’s Highest Even After Planned Cut To 20%

11.23.2015 By Ecaterina Craciun

The standard VAT rate in Romania is among the highest in the world and will still be placed in the first fifth of the global ranking even after its planned cut to 20% starting January 1, 2016, according to a study by KPMG.

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