Romania has published Law No. 72 of 22 March 2018 in the Official Gazette, which provides for the enactment of certain corporate and value added tax (VAT) amendments, including:
- Provisions for the deduction limit in relation to the disposal of receivables, which provides that only 30% of the net loss resulting from the difference between the disposal price and the cost/value of the receivable may be deducted (70% for credit institutions, subject to conditions);
- Provisions for the exclusion …