Marosa NEW SPLIT VAT PAYMENT MECHANISM IN ROMANIA

Romania will introduce the split VAT payment regime as from 1 October 2017. This mechanism will be optional until 1 January 2018, when it will become mandatory for all businesses in Romania. What is the split VAT payment mechanism? The split VAT payment is a deviation from the general rules on VAT. Under the usual […]

Source: Marosa VAT services

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