PwC: Romania’s Budget Lost EUR8.3B On VAT Deficit In 2015

06.23.2016 By Gabriela Stan

Romania’s budget loses EUR8.3 billion annually due to the VAT deficit, namely the difference between the VAT to be collected and the sums actually collected, according to a PwC study analyzing fiscal evasion in Romania, the Czech Republic, Hungary and Slovakia.

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Keywords:
PWC
, VAT DEFICIT
, BUDGET