IDEAS home Printed from https://ideas.repec.org/a/tdt/annals/vxviii-supplementy2012p242-247.html
   My bibliography  Save this article

The Vat Scheme Upon Collection – Advantages And Disadvantages For Romanian Companies

Author

Listed:
  • MARUŞA BECA

    (BUCHAREST ACADEMY OF ECONOMIC STUDIES)

Abstract

This article presents the provisions, the main advantages and disadvantages of the VAT scheme upon collection, adopted by the Romanian Government in order to help the economy and to collect more money to the state budget. The VAT payment to the state budget upon collection was requested frequently by businessmen, and over the years there were some other legislative proposals such as this that never materialized. According to the VAT scheme upon collection, the firm that issues the invoice will pay the VAT only when collecting, and the firm that receives the invoice may deduct VAT only on the payment moment.

Suggested Citation

  • Maruşa Beca, 2012. "The Vat Scheme Upon Collection – Advantages And Disadvantages For Romanian Companies," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 242-247, November.
  • Handle: RePEc:tdt:annals:v:xviii/supplement:y:2012:p:242-247
    as

    Download full text from publisher

    File URL: http://fse.tibiscus.ro/anale/Lucrari2012_2/AnaleFSE_2012_2_037.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    VAT scheme upon collection; Romania; SMEs; fiscal policy;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tdt:annals:v:xviii/supplement:y:2012:p:242-247. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ramona Violeta Vasilescu (email available below). General contact details of provider: https://edirc.repec.org/data/fettiro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.