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Romania Is Co-Ordinated in the Eu to Collect Vat. the Vat Rate Is 36%, While the Eu Average Is 5.4%
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Romania has the highest VAT collection rate in the European Union of 36%. The main causes of this deficit are tax evasion, fraud and administrative deficits. To reduce the deficit, the tax authorities are preparing measures such as the implementation of the E-Facture and the SAF-T system. Romania continues to record the largest losses in the European Union in the collection of Taxation at the Added Value (TVA), according to the latest report pub…
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