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In addition to the principal, taxpayers can also request fiscal interest, in the amount of 7.3% per year and the inflation rate, since fiscal interest was negative for a significant period of time
Bancila, Diaconu and Associates together with EY Romania have obtained that the National Tax Administration Agency must refund 12 million Euros to Roche Romania, representing VAT related to the clawback tax. The final decision is the first of its kind in Romania and will have implications for the entire pharmaceutical industry.
For more information, please see the Romanian version of the article, here.
