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The VAT rates will increase from next year, with implications in the food and real estate sectors

The VAT rates will increase from next year, with implications in the food and real estate sectors

Authors: Izabela Stoicescu, Senior Manager PwC Romania and Cristina Florea, Senior Consultant PwC Romania

A series of legislative innovations in the field of VAT will enter into force from January 1, 2023 as a result of the amendment of the Fiscal Code by Government Ordinance no. 16/2022, the biggest impact will be in the food, tourism and real estate sectors.

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

 

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PRICEWATERHOUSECOOPERS SERVICII SRL