VATupdate

Share this post on

Reciprocity Declaration: UK Taxable Persons Eligible for VAT Refund in Romania Starting 2024

  • The Government approved a memorandum for taxable persons from the UK to benefit from VAT refund in Romania
  • Taxable persons from the UK will benefit from VAT refund based on a declaration of reciprocity
  • The measure is taken because the UK is no longer an EU member and the transition period has ended
  • UK has third country status for VAT purposes from January 1, 2021, except for transactions with goods covered by the Ireland/Northern Ireland Protocol

Source: stiripesurse.ro

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.

Sponsors:

VAT news
VAT news

Advertisements: