The law brings clarifications regarding the extension of the application of the reduced VAT quota to other supplies of goods and services, inter-alia the main changes we emphasize the following: equipment, including heat pumps, will benefit from the application of the reduced rate; the necessary components purchased separately; the application of the reduced rate both for the delivery and/or installation of components for the repair and/or expansion of the systems and, nevertheless, the delivery of the respective systems as a component part of construction deliveries; detailing certain phrases, respectively: “Installation kit”, “high efficiency”, etc.; introducing an affidavit for the possibility of applying the reduced rate per chain.
Blog A conversation on loyalty, growth, and the power of kindness In a world where careers often move at lightning speed, finding someone who has dedicated two decades to a single mission is… Read more
Tax Alert Emergency Ordinance (OUG) 8/2026 to approve actions for Economic Recovery has entered into force The main provisions in the area of tax legislation are: A. CORPORATE INCOME TAX • An additional mechanism to stimulate investment in… Read more
Tax Alert The second package of fiscal measures has been published in the Official Gazette Emergency Ordinance No. 89/2025 introduces the following changes: Tax Law Amendments • The minimum turnover tax (applicable to companies with a turnover… Read more