Romania To Pay VAT Deductions Under RON10,000 To Firms Without Previous Control - PM

Romania’s Prime Minister Emil Boc said Tuesday on B1TV Romania will pay VAT deductions worth less than 10,000 lei (EUR1=RON4.1224) to firms, without carrying out a previous control of the respective firms’ operations.

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Imaginea articolului Romania To Pay VAT Deductions Under RON10,000 To Firms Without Previous Control - PM

Romania To Pay VAT Deductions Under RON10,000 To Firms Without Previous Control - PM

"We decided VAT discounts not higher than RON10,000 will automatically be paid back to firms, and business controls will be carried out afterwards and not before deductions," the prime minister said.

Boc said the VAT discount system was set up with Finance Minister Sebastian Vladescu.

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