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Romania Enacts Measures to Support Agricultural Activities and R&D Personnel

|Approved Changes|Romania
Romania

On 30 June 2016, Romania published Government Emergency Ordinance No. 32/2016 in Official Gazette. The Ordinance contains two main measures:

  • The value added tax rate for primary goods used in agricultural productions is reduced from the standard 20% rate to a 9% reduced rate; and
  • Salaries of personnel engaged in R&D activities are exempted from income tax.

The measures apply from 1 August 2016.

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