Results 76 - 100 from 180 for "vat"
-
Romania Mulls VAT Cuts Earlier Than 2016, PM Says
03.25.2015
Romania's government will decide in April whether to reduce starting June the standard quota of the value added tax from the current 24% to 20%, or the tax for basic food products from 24% to 9%, more
-
Government Extends 9% VAT To Milk, Eggs, Livestock And Live Poultry
03.16.2015
Romania's government has extended the list of products to get a VAT cut to 9% to include milk, eggs, livestock and live poultry, besides meat, fish, fruit and vegetables, according to an updated Tax more
-
Milk And Dairy Producers Call For VAT Cut To 9% On Their Products
03.05.2015
Romania's local association of dairy and milk producers APRIL called on the ministries of Finance and Agriculture and the Parliament on Thursday to include milk and dairy products among food items for more
-
EY: VAT Cut Should Come Along With Measures To Tackle Tax Evasion And Boost Tax Collection
02.23.2015
The lowering of the value added tax should be supported by measures to fight tax evasion and increase tax collection, according to EY consultants, who also expect government to cut investments for more
-
VAT Cut On Meat To Boost Consumption, Reduce Bankruptcies - Romanian Meat Association
02.20.2015
The lowering of the value added tax on meat, included in the new Tax Code draft, will boost consumption, reduce bankruptcy of companies in the sector and bring EUR300 million to the state budget from more
-
VAT Cut Would Lead To 6-8% Drop In Fish Prices - Association
02.20.2015
The VAT cut on fish proposed in the new Tax Code would increase the legitimate market by EUR20 million and would bring down prices on fish by 6-8%, according to the national association Romfish. more
-
VAT Cut To Lower Meat, Fruit And Vegetable Prices - Agriculture Minister
02.19.2015
The decrease of the value added tax on meat, fruits and vegetables stipulated in the country's new Tax Code draft will reduce tax evasion and the effects of the Russian embargo, while the prices of more
-
Romania To Lower Excise Duties, VAT Before Yearend - Finance Minister
02.19.2015
Excise duties and the value added tax will be lowered before the end of the year, and not in 2016, as established in the country’s new Tax Code Draft, to stimulate consumption in November and more
-
Tax Code Draft: Romania To Lower VAT To 20% Next Year, To 9% On Meat, Fish, Fruit And Vegetables
02.18.2015
Romania's government plans to lower the value added tax from 24% to 20% as of next year and to 9% on food items such as meat, fish, fruits and vegetables, according to the country's new Tax Code more
-
Government Collected RON4B Less VAT Than Planned In 2014
01.30.2015
Romania’s tax authority ANAF collected only 50.8 billion lei (EUR11.4 billion) in VAT last year even though it had expected RON54.6 billion. VAT revenue therefore dropped in 2014 for the first time more
-
PM: Government Mulls Cutting VAT For All Products As Of January 2016
01.28.2015
The government’s target for this year is to cut value added tax for all products as of January 2016, Prime Minister Victor Ponta told ministers during Wednesday’s government session. more
-
Government Approves 9% VAT On Tourism Services
01.14.2015
Romania's Governments approved Wednesday a VAST rate of 9% instead of 24% for tourist accommodation services. more
-
DTZ: Lower VAT On Romanian Residential Market Would Bring More Money To State Budget
12.18.2014
A lower value added tax on the Romanian residential market would bring more money to the state budget than a reduced social security tax, according to representatives of real estate consulting firm more
-
Constantin: VAT Cut On Meat, On Government’s Agenda For 2015
12.11.2014
The VAT cut for meat and meat products will remain an objective of the government for 2015, if allowed by budget revenue, Agriculture Minister Daniel Constantin told Mediafax Talks about Brewing and more
-
Romania To Lower VAT On All-Inclusive Tourist Packages To 9% From 24%
12.09.2014
The sales tax will be lowered from 24% to 9% for all-inclusive touristy packages, Prime Minister Victor Ponta said Tuesday after talks with IMF and EU officials. more
-
FrieslandCampina: Lower VAT On Food Would Help Economy
11.24.2014
A lower VAT on dairy products, meat and other foods would have a positive impact on the local economy, since Romanians spend as much as 50% of their income on food, says Cornel Caramizaru, sales more
-
Romania Had Biggest VAT Gap In EU In 2012 - EC Report
10.23.2014
An estimated EUR177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap study published by the European Commission, of which Romania lost more
-
Economy Minister Says VAT Of 19-20% Would Be Enough
10.15.2014
A sales tax of 19-20% would be sufficient but that depends on the level of collection of other taxes, Romanian Economy Minister Constantin Nita said Wednesday at a conference held by Ziarul Financiar. more
-
Fiscal Council Says Government's VAT Collection Estimate Of Extra RON544.8M Unrealistic
09.30.2014
Romania's Fiscal Council on Tuesday said the government’s revised estimate for VAT collections is unrealistic, considering collections in July and August, adding the more cautious approach would more
-
VAT Cut On Meat A Priority, Future Government To Decide - Minister
09.26.2014
A lower sales tax in the meat industry is a priority, after Romania lowered the VAT rate on beard to 9% from 24%, but the decision will belong to the future cabinet, after the presidential election in more
-
Finance Ministry And Rompan Estimate Tax Evasion Decline After VAT Cut On Bread At RON300M And RON200M
09.17.2014
Romania’s Finance Ministry estimates the cut in the value added tax on bread to 9% from 24% starting September 1, 2013 led to a decline of RON300 million in tax evasion, while the association of more
-
Rompan: VAT Cut On Bread To 9% Led To 20% Decline In Tax Evasion Within A Year
09.17.2014
The cut in the value added tax in the bread industry, to 9% from 24%, starting September 2013, triggered a 20% decline in tax evasion, according to the study “The Impact Of Reducing VAT In The Bread more
-
VISA: Romania’s VAT Collections From Hotels, Gambling, Sports Activities Below 10%
06.17.2014
Romania’s value added tax (VAT) collections are below 10% of the amount owed in some business sectors like hotels, gambling and betting, sports and entertainment activities, said Catalin Cretu, VISA more
-
FinMin: Romania Must Analyze Impact Of VAT Cut On Bread Before Extending Measure To Other Foods
05.29.2014
Romania’s Government may take a decision on lowering the value added tax (VAT) on other food products only after it analyzes the impact of the VAT cut in the bread industry to 9% from 24%, Finance more
-
Agricultural Sector Representatives Call On Government To Cut VAT On Meat To 5%
04.17.2014
Employers in the Romanian agricultural sector are calling on the government to lower the value added tax (VAT) on meat and meat products to 5%, from the current 24%, arguing this will help crack down more