Over 6 bln euro losses from uncollected VAT in Romania, solution is modern collection IT technologies (PwC)
Publicat:The collection deficit of the value-added tax (VAT) grew in 2016 against 2015 in Romania, and the noncompliance in the VAT matter went up, although the standard rate for this tax curtailed from 24pct to 20pct, a release of the PwC sent Monday to AGERPRES informs.
'In 2016, Romania ranked again last as regards the VAT collection degree among all the EU member states, the VAT collection deficit parking at 35.88pct. Worrisome is that the cashing deficit of the VAT went up in 2016 against the level recorded in 2015 in Romania, while most of the EU member countries have seen drops of this…
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