Romania announces plan to streamline VAT to two rates

Romania’s Ministry of Finance has unveiled emergency measures on 2 April 2026 to shield consumers from surging fuel costs triggered by rising hostilities in the Middle East and global oil supply disruptions. Starting immediately upon the

Romania’s Ministry of Finance has published Order No. 203/2026 in the Official Gazette No. 196 on 13 March 2026, detailing how deferred tax is to be recorded in the accounting records of constituent entities subject to Law No. 431/2023, which

Romania’s tax authority, the National Agency for Fiscal Administration (ANAF) announced on 13 March 2026, according to Article II, point 42 of Law No. 141/2025 on fiscal-budgetary measures, published in the Official Gazette of Romania, Part I, No.

Romania’s tax administration, the National Agency for Fiscal Administration (ANAF), announced on 13 March 2026 that it is modifying Order No. 352/2022, which governs the procedure for handling negative VAT amounts with refund requests. Under

Romania’s Ministry of Finance has published the draft consolidated budget for 2026 on 10 March 2026, emphasising fiscal responsibility while maintaining record public investment levels and extensive utilisation of European funds to support

Romania signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI MCAA) on 11 February 2026, bringing the total number of signatories to 33, according to an OECD