The reduced rate of 5% VAT now applies to the supply and installation of photovoltaic panels, solar panels, and high-efficiency low-emission heating systems that meet PM emissions requirements, in the case of individuals and public administrations.
In terms of companies, an exception is made in the legislation whereby legal entities will continue to apply the standard rate of 19%.
Source: Law 39 on the supplementation of art. 291 para. (3) of Law 227/2015 (the Fiscal Code), in the form published on 13 January 2023
Tax & Legal Newsletter January 2023
