Global Daily Tax News, Romania Reworks VAT Declaration Following Rate Hikes, (Aug 25, 2025)
Following reform of Romania's value-added tax rates, Romania's National Agency for Fiscal Administration (ANAF) has released a new value-added tax return in draft form.
With effect from August 1, 2025, Romania established a two-rate value-added tax regime. The headline VAT rate was increased to 21 percent, up from 19 percent, and the two VAT reduced rates, of nine and five percent, were merged into a single 11-percent rate.
The new value-added tax return - declaration 300 – was released by ANAF on August 19, 2025. Comments are being welcomed until August 29, 2025.