VAT Reimbursement on the Capital Investments: A Good Decision with Dubious Consequences?

Publishing date: Thursday, 29 September 2011
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Views: 5020

Economic Commentary, no. 114

According to the amended fiscal-budgetary policy, on January 1, 2011 new VAT regulations will enter into force that will affect both companies and the state budget. The proposed changes – reimbursement of the VAT paid for capital investment – are certainly to the benefit of companies, but impact on the state budget is not so obvious. In this analysis, we assess opportunities and problems related to the new policy.

Full version available only in Romanian: http://www.expert-grup.org/ro/activitate/comentarii/item/239-rambursarea-tva-aferent%C4%83-investi%C8%9Biilor-de-capital-o-ini%C8%9Biativ%C4%83-bun%C4%83-cu-consecin%C8%9Be-dubioase&category=5

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