Split Value-Added Tax (VAT) payment mechanism should be abrogated, as it has no positive effect
Publicat:The split Value-Added Tax (VAT) payment mechanism should be abrogated as it hasn't had any positive effect and Romania is criticised by the European Commission for this, Dan Manolescu, the President of the Chamber of Tax Consultants (CCF) stated on Friday at the "Autumn tax update forum" conference.
"As far as we know, there are some letters, a correspondence between the European Commission and the Romanian authorities, wherein the latter requested a series of details. It seems, based on the way they understand things, the system we have is not quite alright. We are waiting for them to do something…
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