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Romania further extends the reduced VAT Rate regarding E-Books
Summary
In Romania, a new VAT adjustment has been made by the published Law no. 291 of 10 December 2021 in the Official Gazette, which extends the reduced VAT rate to e-books and other electronic publications.
Content
In particular, the law extends the scope of the 5% reduced VAT rate for textbooks, books, newspapers, and magazines so that the reduced rate applies for delivery for both in physical and electronic form, except for those that have, in whole or in part, video or audio music content and those intended solely or principally for advertising purposes. The expanded scope of VAT reduction is effective from January 1st 2022.
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