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VAT gap narrowed in Romania, in 2015, to 39.6 percent

The Value-Added Tax (VAT) gap, namely the difference between the VAT revenues that the national budgets should collect and actual VAT revenues, narrowed in Romania in 2015, to 39.6 percent from 44.4 percent in 2014, still the highest among countries analysed - the Czech Republic, Hungary, Poland, Slovakia and Romania - according to data with PwC ...

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