Romania's value added tax rate dropped from 24 percent to 19 percent. However, the VAT rate applicable to medicine with prescription maintained a value of nine percent from 2015 to 2023.
Value added tax rates applicable to medicine in Romania from 2015 to 2023
Characteristic
Standard VAT rate
VAT rate applicable to medicine - Prescription
VAT rate applicable to medicine - OTC
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EFPIA. (June 22, 2023). Value added tax rates applicable to medicine in Romania from 2015 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1270203/romania-vat-rates-applicable-to-medicine/
EFPIA. "Value added tax rates applicable to medicine in Romania from 2015 to 2023." Chart. June 22, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1270203/romania-vat-rates-applicable-to-medicine/
EFPIA. (2023). Value added tax rates applicable to medicine in Romania from 2015 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1270203/romania-vat-rates-applicable-to-medicine/
EFPIA. "Value Added Tax Rates Applicable to Medicine in Romania from 2015 to 2023." Statista, Statista Inc., 22 Jun 2023, https://www.statista.com/statistics/1270203/romania-vat-rates-applicable-to-medicine/
EFPIA, Value added tax rates applicable to medicine in Romania from 2015 to 2023 Statista, https://www.statista.com/statistics/1270203/romania-vat-rates-applicable-to-medicine/ (last visited July 22, 2024)
Value added tax rates applicable to medicine in Romania from 2015 to 2023 [Graph], EFPIA, June 22, 2023. [Online]. Available: https://www.statista.com/statistics/1270203/romania-vat-rates-applicable-to-medicine/