BUCHAREST: Romania may bring forward some tax cuts that have been postponed until 2017 based on economic performance, leftist Prime Minister Victor Ponta said on Thursday. Earlier in the day, lawmakers approved a plan to cut value added tax by 4 percentage points to 20 percent from 2016.
They postponed a further VAT cut as well as lowering levies on dividends and fuel and scrapping a tax on special buildings until 2017.
"I am very optimistic those measures that have been postponed, not all at once, can be brought forward," Ponta told reporters.
"My message for the business world is that by the end of my term these measures can be enforced."
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