Results 51 - 75 from 180 for "vat"
-
Romania May Lower VAT On Water To 9% To Support Agriculture - Minister
10.13.2015
The Romanian Government is likely to lower the value added tax on water as well, from the current 24% to 9%, in a bid to support the country’s agriculture, mainly the irrigation sector, Finance more
-
Romanians Can Afford To Buy Higher Quality Products After VAT Cut On Food Items - AMRCR
10.13.2015
Romanians started to buy higher quality products after the VAT cut on food items from 24% to 9% in June, Sorana Georgia, vice-president of the association of major retail chains in Romania (AMRCR), more
-
Romanians Saved EUR500M In Two Years After VAT Cut On Bread - Rompan
10.13.2015
Romanians saved EUR500 million in two years after the the the sales tax on bread was lowered, Aurel Popa, head of the association of milling and bakery companies Rompan, told “MEDIAFAX Talks about more
-
Napolact Sees 13% Rise In Sales After Food VAT Cut
09.15.2015
Napolact, the main growth driver of the local operations of Dutch-held FrieslandCampina, posted 13% higher sales in the first seven months than in the year-ago period, partly because of the food VAT more
-
Romanian Politicians Agree To Cut VAT To 20% Next Year, To 19% In 2017
08.27.2015
Romania's parliamentary parties agreed Thursday in talks on the country's new tax code to lower the general value added tax from 24% to 20% as of 2016 and further to 19% as of 2017. more
-
VAT Cash-Ins Up Only 1% In July
08.04.2015
Romania’s cash-ins from value-added tax VAT was up 15.5% in January to July, at 34 billion lei, after the VAT rate was lowered to 9% on food as of June 1st, according to the Tax Authority ANAF. more
-
Finance Minister: VAT Cut On Food Items Had Positive Impact Over State Budget
07.31.2015
The impact of the VAT cut to 9% on food items as of June 1 was a positive one, bringing RON400 million to the state budget, although the government estimated a negative impact of RON500 million after more
-
Fiscal Council: Average VAT Quota Of 14% As Of Jan 1, 2016 Places Romania Below All CEECs
07.22.2015
Romania’s Fiscal Council said the cut in the standard VAT rate from 24% to 19% as of January 1, 2016 actually means a decrease of 8 percentage points, not five points, given that the average VAT more
-
Prices Dropped 12% After VAT Rate Cut On Food - Minister
07.07.2015
Prices dropped 12% in June after the VAT rate was lowered to 9% on food, said Agriculture Minister Daniel Constantin, adding the measure has boosted consumption. more
-
VAT Cut On Food Items Triggers 11% Price Cut, 17% Sales Hike -Study
07.02.2015
The VAT cut on food items has triggered an average price decrease of 11% and a 17% sales increase, according to a survey from market researcher Nielsen. more
-
VAT Revenue Up 17% In Jan-May
06.30.2015
The value added tax revenue in the first five months of the year was 17% higher than in the year-earlier period, and the 3.5 billion lei (EUR779 million) surplus is enough to offset the decline in more
-
Dacia Supports Measures To Boost New Car Market But Has Not Asked For Zero VAT
05.22.2015
Automobile Dacia, owned by French group Renault, is encouraging all measures which trigger the growth of new car market, but the company has not asked the Romanian government for zero value-added tax more
-
Competition Council Fears Retailers May Collude To Keep VAT Cut In Their Profits
05.11.2015
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 more
-
Profi Cuts VAT On Several Food Items
05.05.2015
Supermarket chain Profi, owned by investment fund Enterprise Investors, cut the value-added tax on several food items, being the first retailer to implement the VAT cut which is to come into force on more
-
Fiscal Council: VAT Cut On Food Items Should Have Been Announced Right Before Implementation
04.29.2015
The VAT cut to 9% on food items should have been announced right before its implementation, to avoid price hikes operated by retailers, Fiscal Council head Ionut Dumitru told Coface Country Risk more
-
PM: Government Considers Special Taxes Unless Retailers Lower Shelf Prices After VAT Cut
04.29.2015
The government can't freeze shelf prices following a VAT cut to 9% on food items but could introduce special measures, such as high taxes, unless retailers adjust their prices to the VAT cut, Prime more
-
European Commission Voices Concerns Over Romania’s Planned VAT Cut
04.08.2015
The European Commission is concerned about the Romanian Government’s plan to reduce VAT rates which are expected to have a substantial negative fiscal effect, EC Vice-President Valdis Dombrovskis more
-
Large Retailers In Romania Say Shelf Prices Will Reflect VAT Cut
04.08.2015
The planned lowering of the value added tax for all food products, including non-alcoholic drinks and restaurant services, to 9% from 24% currently, starting June 1, will be fully visible in shelf more
-
VAT Cut To Leave Consumers With RON5B Disposable Income If Retailers Cut Prices, Too
04.08.2015
In a surprise move, the Romanian government announced a value added tax cut to 9% from 24% as of June 1 not only for staple foods, but also for all agri-food products, non-alcoholic beverages and more
-
Romalimenta: Food Prices To Fall 15% As Of June, Following Planned Cut In VAT For Food
04.07.2015
Food prices in Romania will go down by 15% starting June, following the planned cut in the value added tax rate for all food products, to 9% from 24% currently, Sorin Minea, head of the food industry more
-
Constantin: VAT Cut For Food Products To Lower Prices, Boost Consumption
04.07.2015
The cut of the value added tax for food products to 9% will lead to lower prices, higher consumption and better collection of state budget revenues, Agriculture Minister Daniel Constantin stated more
-
Romania To Cut VAT For Food Products In June
04.07.2015
Romania will cut starting June the value added tax rate for all food products, including non-alcoholic drinks and restaurant services, prime minister Victor Ponta said Tuesday. more
-
PM: 1Q Revenue Collection Above Expectations, VAT Can Be Lowered This Year
04.06.2015
First quarter data show that the collection of state budget revenues exceed the estimated schedule by RON3-3.5 billion, which allows the lowering of the value-added tax this year, Prime Minister more
-
Meat Industry Representatives Ask For VAT Cut To 9% On Basic Food Products As Of June
04.03.2015
Meat industry representatives asked the Prime Minister to lower the value added tax from 24% to 9% on basic food products, including meat, as of June, to support the development of this sector. more
-
VAT Cut On Milk To Relaunch Consumption, Lower Prices - Minister
03.31.2015
Lowering VAT on milk and dairy will relaunch consumption and lower producer prices, Agriculture Minister Daniel Constantin said Tuesday at the MEDIAFAX Talks about Agriculture conference. more