Comparative Analysis of the Amendments to VAT Rates Under Law No. 141/2025. VAT Accounting and Tax Treatment

Elena Stănciulescu
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Elena Stănciulescu: Bucharest

CECCAR Business Review, 2025, vol. 6, issue 7, 36-45

Abstract: In this article we aim to highlight the legislative changes regarding the VAT rates, namely the increase of the standard rate from 19% to 21%, the elimination of the reduced rate of 5%, and the transfer of certain operations to the 11% rate. Some goods/services have been removed from the 5% and 9% VAT categories, meaning that the 21% rate will now apply to them. It is also important to understand the accounting and tax treatment required for the correct application of these tax changes.

Keywords: VAT; standard rate; reduced rate; Law No. 141/2025; Fiscal Code (search for similar items in EconPapers)
JEL-codes: K34 M41 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ahd:journl:v:6:y:2025:i:7:p:36-45

DOI: 10.37945/cbr.2025.07.04

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