Also back before the Parliament is the VAT code amendment requiring separate listing of all invoices of over EUR 1000 in an appendix to each VAT declaration.

After entrepreneurs denounced the initiative and the President refused to sign it, the Ministry of Finance made some cosmetic changes to the draft and added an explanatory letter, hoping for better success this time.

It has been proposed that businesses should demand a 1% cut in the VAT rate in return for the requirement to make the declaration. This should not cause fiscal problems for the government as the new measure is supposed to improve tax collection.