Romania: VAT exemptions, new VAT form | KPMG | GLOBAL

Romania: VAT exemptions, new VAT form

Romania: VAT exemptions, new VAT form

Developments concerning Romania’s value added tax (VAT) regime in the first quarter of 2016 include the following times:


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  • Guidelines from a judgment of the Court of Justice of the European Union (CJEU) concerning VAT exemptions for exports and intra-Community supplies were transposed into Romania’s domestic indirect tax law.
  • A new Form 300—the VAT return—was published in official journal. 

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