EU VAT refund
Write us:
About Us
Our Services
VAT Info
Why us
Vat Articles
Vat News
Founder Member
EuVat Refund The political annulment of the VAT growth decision would have blown away the IMF agreement and the state budget European Vat Related Links

Our Services
Know More
VAT refund
Re-issue/restyling invoice
Obtaining the certificate
VAT registration
Our Fee
About Us
BT Associates' Formation
Your Comments or Requests
Dutch Vat
EU Vat Committee
EU Vat Database
VAT Retail Export scheme

Join our Mailing list Join Our Mailing List


The annulment of the VAT growth from 19% to 24% would have blown away all the Romanian Government’s calculations. The state would have been forced to find financing sources somewhere else and the prices would have remained the same.

The economists warn the political environment about the fact that the annulment of the VAT growth decision would have seriously affected the economy without bringing a real benefit. “The discussions with the Fund would have been pointless and budget incomes would have been affected. The state would have been forced to find other financing sources. But where? The first measure was declared non-constitutional, while the other, the VAT growth, could have been refuted through political vote”, declared for Gândul the economic analyst Dragoş Cabat.

He said the annulment of the VAT growth couldn’t have guaranteed the drop of prices to the level prior to June. “One can never be 100% sure, but until now I haven’t heard about prices that grew after a decision like that and then drop back following the annulment”, said Cabat.

European Vat Refund
EuVat Area  
EuVat Update 2013  
Austria VAT Rate Belgium VAT Rate
Bulgaria VAT Rate Cyprus VAT Rate
Czech Repub VAT Rate Denmark VAT Rate
Estonia VAT Rate  
France VAT Rate Finland VAT Rate
Greece VAT Rate Germany VAT Rate
Ireland VAT Rate Hungary VAT Rate
Latvia VAT Rate Italy VAT Rate
Luxembourg VAT Rate Lithuania VAT Rate
Netherlands VAT Rate Malta VAT Rate
Portugal VAT Rate Poland VAT Rate
Slovakia VAT Rate Romania VAT Rate
Spain VAT Rate Slovenia VAT Rate
UK VAT Rate Sweden VAT Rate
EuVat Update 2010  
Site developed by webworldsolution