Romania Real Estate in Romania Tax and Legal Overview 01 November 202078 views1 min read See page 14 and 15 for VAT. Source: PwC Real Estate/Immovable Property COVID-19: Extension of VAT refunds without a VAT audit, 5% penalty for late payment of VAT Indirect tax measures: VAT rates, vouchers, VAT impact of PPE provided for free to employees, ….