- The OECD’s economic survey of Romania highlights the need for the country to improve tax revenue collection through various reforms.
- The report emphasizes the importance of digitizing Romania’s tax administration to combat tax evasion and enhance revenue collection.
- The OECD suggests transitioning more goods and services to the standard VAT rate of 19% and gradually shifting towards progressive taxation of wages as part of broader tax reforms aimed at improving revenue efficiency.
Source GlobalVATcompliance