VAT News

Romanian VAT rate decrease

It has been confirmed that with effect from 1 January 2017, the standard rate of VAT in Romania has decreased from 20% to 19%.

The reduced rates of VAT are unaffected by these changes.

Related articles

UK-Implications of a 'no-deal' Brexit

The UK government has released guidance on the VAT impacts of the UK leaving the EU with no deal negotiated

Read more
South Korea - VAT has been extended to foreign cloud computing

The scope of VAT has been extended to foreign B2C cloud computer services.

Read more
Romania postponing VAT cut

Romania is considering postponing cutting the19% VAT rate to 18% for 2019.

Read more