Romanian Lower House Committee Rejects Bills Reducing VAT On Basic Foods, Taxes On Low Pensions

The committee for budget and finances in the Romanian Chamber of Deputies on Tuesday rejected a bill reducing VAT on basic foods to 5%, as well as another making pensions lower than 2,000 lei (EUR1=RON4.1147) tax-exempt.

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Imaginea articolului Romanian Lower House Committee Rejects Bills Reducing VAT On Basic Foods, Taxes On Low Pensions

Romanian Lower House Committee Rejects Bills Reducing VAT On Basic Foods, Taxes On Low Pensions

The bills will now be debated by the Chamber plenum.

They had been sent back to the Parliament by President Traian Basescu with a request for re-examination.

The Senate re-examined the tax exemption bill and voted to reject it, but kept the lower VAT bill as previously adopted.

These bills were adopted last year by the Chamber of Deputies. Although neither had been backed by the Government, and both had been previously rejected by the Senate, they were passed with a large number of votes in the lower house. Lawmakers said after the vote they made a mistake and thought they were voting to reject the bills.

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