Romania Threshold for simplified cash-based VAT reporting increased from RON 2.25m to RON 4.5m per year 17 January 202132 views1 min read Source: Avalara SME (small and medium-sized enterprises) ECJ C-612/20 (Happy Education) – Questions – School after school program VAT exempt? Romania’s New Government Delays the 5% VAT on Homes of up to 140,000 EUR