Finance Minister announced VAT increase for HoReCa industry

Finance Minister Natalia Gavriliţa announced to cancel VAT reduced rates (10%) for HoReCa industry (Hotel/Restaurant/Cafe) given fiscal policy was mentioned in International Monetary agreement. The declaration was made within a press conference. 

"We will make decisions to extend the tax bases, capital bases. We also increase the environmental tax up to 50%", added Gavriliţa.

 

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