Romania: Companies in Romania could be excluded from reduced VAT for the (...)

December 9, 2022

Companies in Romania could be excluded from reduced VAT for the installation of PV systems
Dec 9, 2022

Companies in Romania could be excluded from reduced VAT for the installation of PV systems.

The Budget and Finance Committee in Romania’s Chamber of Deputies recently approved a project establishing a reduced VAT rate of 5% for PV panels and heat pumps, replacing the regular VAT rate of 19%. However, according to Economedia.ro, the committee excluded the local companies from (...)

[Read the article in Romania Business Insider]

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