Romania Publishes Bill to Recategorize VAT Rates for Various Goods and Services

• Romania has published legislation confirming changes to VAT rates
• The changes include an increase in VAT rates for certain supplies
• Supplies affected by an increase from 9% to 19% VAT rate include sugary non-alcoholic drinks, sugary foods, passenger transport for tourist purposes, and sports facilities entrance fees
• Supplies affected by an increase from 5% to 9% VAT rate include social buildings, smaller dwellings, amusement park admissions, cinema admissions, and cultural event admissions

Source: kofax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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