Romanian Govt To Give Consumers Partial Refund In Exchange For Receipts

Buyers of goods and services will receive a partial refund from the state, in exchange for their receipts, and will also enjoy tax deductions for home improvement work, up to a yearly ceiling yet to be decided by the Romanian Government.

10 views

These facilities were announced Saturday by Prime Minister Emil Boc as future amendments to the Fiscal Code.

A percentage of the cost of home improvements (including materials and services) will be deductible from the property tax, said Economy Minister Adriean Videanu. The Government will encourage consumers to ask for and keep their receipts, to be redeemed later for a certain sum of money.

Boc argued that these incentives will help fight tax evasion.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.