Romania To Pay VAT Refunds Worth RON1.36B In January

Romanian tax authority ANAF will refund in January value added tax to companies worth 1.36 billion lei (EUR1=RON4.2621), the highest sum returned so far in a single month, the authority said Wednesday.

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Of the total refunds, ANAF has already paid Monday RON557 million, and will pay the rest of the sum by the end of the month.

Some RON1.21 billion of the total refunds represents compensations.

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