VATupdate

Share this post on

Romania plans digital tax on streaming services

Romania wants to tax digital streaming services and use the revenue to fund the domestic movie industry. The proposed tax would fund the  country’s Centrul National al Cinematografiei, which finances film production.

According to reports, a film industry group initially requested a tax of 4%. However, following consultation, the rate will likely be set at 2%.

Source: vatglobal.com

Sponsors:

VAT news
VAT news

Advertisements: