PM Orban: We have highest VAT evasion, lowest VAT collection rate in EU
Publicat:Prime Minister Ludovic Orban said on Wednesday that Romania has the highest VAT evasion and the lowest VAT collection rate in the European Union, but the level of 19pct is a reasonable one. "We are the country with the highest VAT evasion. We have the lowest VAT collection rate in the EU. I believe that 19pct VAT is a reasonable level, a VAT that can provide the support of feeding the state budget with sufficient resources. Obviously, VAT collection needs to be improved, but to improve VAT collection the ANAF [the National Agency for Fiscal Administration] must understand that it has to change…
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