Proposal: 5% VAT does not disappear, high tax on luxury cars, excise tax on sugar products

• The intention to increase the tax on dividends from 8% to 10% was abandoned.
• VAT remains at 5% only for books and textbooks. Consequently, the 5% share does not disappear (to remain only 9% and 19%).
• The intention to introduce a tax on luxury cars as well, currently taking into account the value of 100,000 euros for a vehicle. The tax would be similar to the 1% tax analyzed for real estate with a value of over 500,000 euros. The value has not been established in the case of motor vehicles.
• Sugar excise is uncertain – it would make carbonated drinks 20-30% more expensive
• VAT for pet food remains at the reduced rate of 9%
• VAT on foods with a high sugar content, over 5g/100g product, rises to 19%

Source Profit.ro

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