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Major change announced by PM Tudose: Split VAT could be mandatory only for distressed SOEs

PM Mihai Tudose says that the split VAT system, which is optional starting October, could become mandatory only for distressed state-owned enterprises, business-review.eu reports. Initially, the system should have become mandatory for all companies as of January 2018, despite warnings coming from the private sector. The measure “will be applied only for state-owned enterprises, which are under administration or in bankruptcy,” said the PM. His statement ...

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