VATupdate
Romania

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Revised VAT Exemption Rules for NGO Acquisitions in Hospital Settings

  • New rules for VAT exemption for acquisitions by NGOs for hospitals
  • Changes to the procedure
  • Aimed at improving transparency and efficiency
  • NGOs must meet certain criteria to qualify for exemption
  • Impact on financial management for hospitals and NGOs

Source: research.ibfd.org

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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