FISCAL SOLUTIONS...
News
Public Romania Author: Kristina Dosen
In Romania, the reduced VAT rate of 5% will be applied for the sale of books, manuals, newspapers, and magazines in electronic format, starting from next year (2022).
Category:

General information

Views: 933
Content accuracy validation date: 22.06.2021
Content accuracy validation time: 09:45h

The current version of the Romanian Fiscal Code regulates the application of a reduced rate of 5% VAT on the tax base for textbooks, books, newspapers, and magazines, but only in printed format. As mentioned, from next year the same VAT rate will be applied for electronic publications, as well.

Other news from Romania