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Romanian VAT Rate Could Increase To 20%-21% In 2010 – PwC

Romanian authorities could increase the value added tax rate to 20% or even 21% in 2010 from 19% currently, an official of tax and advisory firm PricewaterhouseCoopers (PwC) said Tuesday.

Cigarettes In Romania To Cost RON0.4 More Per Pack As Of April 1

Cigarette prices in Romania will increase by 0.4 lei (EUR1=RON4.2723) per pack as of April 1, as the Romanian Government decided to increase excise duties on tobacco products as of April 1, to EUR57 per 1,000 cigarettes from EUR50.
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