Results 1 - 3 from 3 for "vat deficit"
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PwC: Romania’s Budget Lost EUR8.3B On VAT Deficit In 2015
06.23.2016
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 more
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Lowering VAT On Bread Not Feasible As Romania Lacks Revenues To Offset Loss
03.31.2013
Reducing the value added tax on bread from 24% to 9% starting 2013 would have a significant impact on the state budget and, although in theory the measure may curb tax evasion in the bread industry, more
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Can A VAT Cut Be Considered When Drafting The 2012 Budget?
09.27.2011
The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when economic more