Motto: Show the world how you think!

Current Issue

The current issue of the journal read...

Authors' guidelines

All you need to know in order to publish in our journal read...


Here you can submit your paper continue...


Contact us here...


ISSN: 2344 - 102X

ISSN-L: 2344 - 102X


Article from Volume 10, Number 1, Year 2022

Author(s): Lucia Morosan - Danila
DOI: 10.4316/EJAFB.2022.1014
Abstract: The article brings to the readers the importance of the value added tax revenues in the realization of the total revenues of the state budget of Romania, carrying out an analysis for the period 2017-2020, resulting a significant percentage of 40% of VAT income from the total tax revenues. We started with the analysis of the impact of the legislative changes regarding the value added tax at national level on the workers in this field and on the economy in general, an impact which is not favorable, because this legislative instability, generates uncertainty and mistrust in the capacity of the legislative bodies to act effectively, organize and operate, in accordance with the expectations of those covered by the respective normative acts. Another aspect addressed in this article is a small, but significant comparison between the VAT rates practiced in the community space and the rates practiced in Romania, after which we can see that in our country there are no abusive VAT rates, but they are among the lowest rates in the European Union. The presentation of a series of advantages and disadvantages of this tax, observed through a personal perspective or determined by its operating system, concludes this article.
Keywords: Community Area, Fiscal Code, Value Added Tax
1. Boghean, C., Boghean, F., Nastase, C., & Morosan D. L. (2010). Considerations On The Prospects Of The Integration Of The European Financial Markets In The Context Of The Global Crisis. The Annals Of The Stefan Cel Mare, 1(2), 509-515.
2. Bordeianu, O. M., Grigoras-Ichim, C. E., & Morosan D. L. (2021). SMEs Sustainability In Times Of Crisis. LUMEN Proceedings, 17, 58-65.
3. European Commission (2020). VAT Rates Applied In The Member States Of The European Union. Retrieved At 02.02.2022 From Https:// Rates/index_en.htm?pk_campaign=YEB_GS_2022&pk_source=YEB_GS_google_EN_EU&pk_medium=YEB_GS_result2b
4. Grigoras-Ichim, C. E., & Morosan D. L. (2020). Short Insight Into Tax Evasion In Romania, The European Journal Of Accounting, Finance & Business, 12.
5. Grigoras-Ichim, C.E., Bordeianu, O.M & Morosan D. L. (2020). Corporate Sustainability In Times Of Crisis. In Conference: Competitiveness And Sustainable Development.
6. Ministry Of Public Finance (2019). Report On Final Budget Execution For 2018. Retrieved At 03.02.2022 From Https://
7. Ministry Of Public Finance (2020). Implementation Of The Consolidated General Budget. Retrieved At 03.02.2022 From Https://
8. Morosan D. L., & Bordeianu, O. M. (2020). The Need For Change And Shaping The Post-covid Business Environment In Romania. LUMEN Proceedings, 13, 387-397.
9. Morosan D. L., & Ichim, C. E. (2015). Analysis Of The Accounting Systems From Romania And Moldova, The Annals Of The Stefan Cel Mare, 15(3), 163-168.
10. Morosan, L., & Bordeianu, O. M. (2021). Tax Facilities For Romanian Companies In Combating The Crisis Generated By COVID-19. Ovidius University Annals, Economic Sciences Series, 21(1), 369-376.
11. Nastase, C., & Morosan D. L. (2016). Taxation Implications On Entrepreneurship In Romania. In Proceedings Of The Conference: European Choice Of Economic Development Of The Region, Ukraine, 94-95.
12. Release Of Romanian Government (2017). Plata Defalcata A TVA, Obligatorie De La 1 Ianuarie 2018. Retrieved At 02.02.2022 From Https://
13. Revista Tribuna Economic? (2017). Ordonan?a SPLIT TVA - Impact Negativ Asupra Mediului De Afaceri, No. 41, 3.
14. Stan, M. (2017). Experien?a Contribuabililor Privind Sistemul Fiscal, CECCAR, No. 7/2017, P. 9.
Back to journal ...

Copyright LP/DET 2023