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Measures to encourage the real estate market between raising the VAT level and applying a pseudo-reduced rate: the limits imposed by European legislation

Copyright © Daniel Anghel - PricewaterhouseCoopers

Measures to encourage the real estate market between raising the VAT level and applying a pseudo-reduced rate: the limits imposed by European legislation

PRICEWATERHOUSECOOPERS SERVICII SRL

13 Oct 2021

Daniel Anghel, Partner, leader of fiscal and legal services PwC Romania

Although it may be a welcome measure for the real estate market and buyers, the proposal to have two VAT rates for a single transaction must be analyzed from the perspective of the limitations of fiscal policy arising from European legislation.

For more information, please see the Romanian version of the article, here.

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PRICEWATERHOUSECOOPERS SERVICII SRL

Consultanta pentru afaceri si management.

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Tags : real estate market , VAT , transactions , European legislation

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