The European Commission has notified Romania, Belgium, Bulgaria, Greece and Spain for failure to transpose Directive 2022/542, which allows the use of reduced VAT rates for essential products. These countries have two months to respond or risk financial penalties through a referral to the Court of Justice of the European Union. Reasoned opinions have also been issued for non-implementation of Directive 2020/285, which simplifies the VAT regime for small businesses.
Sources
Comisia Europeană atenționează România și îi cere să transpună integral Directiva privind cotele de TVA
Comisia Europeană cere României să transpună integral Directiva privind cotele de TVA
Comisia Europeană cere României să transpună integral directiva privind cotele de TVA
Comisia Europeană cere României să transpună integral Directiva privind cotele de TVA și să alinieze legislația națională la noile norme europene privind regimul special de TVA pentru întreprinderile mici
Latest News
17:07
Călin Georgescu loses challenge against the seizure of his villa. Bucharest Tribunal: application dismissed as unfounded
17:00
The “Rear Admiral August Roman” corvette conducted its first live-fire exercises with its onboard guns in the Black Sea
16:53
France estimates its lowest wine production of the century, hit by drought and extreme temperatures
16:45
Mikel Arteta has extended his contract with Arsenal/ The English champions retain their manager
16:39
The Kremlin's reaction after France's nuclear test: “It is a dead-end road”
See more news