Romania's sales tax will be lowered from 24% to 9% for all tourist packages

Romania's sales tax will be lowered from 24 percent to 9 percent for all tourist packages including room and board, Prime Minister Victor Ponta said last Tuesday after talks with IMF and EU officials.Though initially PM Ponta announced that the measure will be applied only to all-inclusive offers, delegate minister for SME’s and Tourism, Florin Jianu, later specified that the VAT cut will be applied to all packages offering accommodation. “We’ve managed ...

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