VAT in what direction? New approaches concerning the VAT

Anca Buziernescu, Alin Stelian Seliè˜teanu and Radu Buziernescu
Additional contact information
Anca Buziernescu: University of Craiova
Alin Stelian Seliè˜teanu: Romanian Court of Auditors
Radu Buziernescu: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2017, vol. 1, issue 19, 114-121

Abstract: . It is known that, since its introduction, the VAT is the tax with the greatest contribution to the state budget of Romania, of about 46%, according to the budgetary estimations for the year 2017. Despite this fact, our country is confronting with the highest VAT gap from EU, collecting only 70% of what it should cash. In this context, it is very important to urgently adopt some administrative and fiscal measures for the reduction of the tax evasion in the VAT field, as well as measures for the improvement of the VAT collection degree: electronic invoicing, introducing the electronic cash registers, VAT Split, reverse charge.

Keywords: VAT; VAT gap; tax evasion; collection degree; VAT Split; reverse charge (search for similar items in EconPapers)
JEL-codes: H20 H30 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.financejournal.ro/fisiere/revista/26788 ... u_Buziernescu_en.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2017:i:19:p:114-121

Access Statistics for this article

Finante - provocarile viitorului (Finance - Challenges of the Future) is currently edited by Marin OPRITESCU

More articles in Finante - provocarile viitorului (Finance - Challenges of the Future) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Alina Manta ().