Ponta: Lowering VAT On Bread Requires Funds Of RON120M For 2H/2013

03.25.2013 By Ioana Tudor

Reducing the value added tax on bread from 24% to 9% requires provisions of 120 million lei (EUR27.2 million) for the second half of the year, Romanian Prime Minister Victor Ponta said Monday.

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Keywords:
PONTA
, VAT
, BREAD