- Romania is authorized to limit the right to deduct VAT on motorised road vehicles.
- This authorization is valid until 31 December 2026.
- The limitation is set at 50% for the purchase, intra-Community acquisition, importation, hire, or leasing of these vehicles.
- The limitation also applies to VAT charged on related expenditures.
- The restriction applies when the vehicle is not used exclusively for business purposes.
- Some motorised road vehicles are excluded from this limitation.
- This decision was made by the Council of the European Union on 6 June 2024, document no. 2024/1641.
Source: inview.nl
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.
