Tax amnesty GEO to impact 600,000 tax payers, exempts to mount to RON 1 bln

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The tax amnesty emergency draft, asked by PM Dancila, is  currently under public discussion, with 600,000 tax payers to benefit of the cancellation of the social contributions owed to the state, mounting to RON 1.035 billion. The draft GEO released by the Finance Ministry today also stipulated the VAT cut for traditional and organic food. The negative budgetary impact here is mounting to RON 106 million this year.

As for the VAT cut for these organic products, the draft proposed a cut from 9 pc to 5 pc for the delivery of traditional, organic foodstuff, or originating from the mountain regions. The products must be certified first by the Agriculture Ministry. The delivery of these products will be accompanied by the copy of the certificate attesting its high quality value.

The Government says the measures is meant to facilitate the access of the population to healthy food, to high-quality products.

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