2023/2024

Special Topics in Accounting and Hotels Accounting

Romania’s Tourism Industry

Analysis of Accounting and
Taxation System

By

Marian Zamfirescu
 2023/2024

Table of contents

1. Introduction………………………………………………………………………………..3

2. Overview of Romania Tourism Industry……………………….........…………………4

2.1 Historical Context..……....…...…...……………………………………………4

2.2 Current State….....………………………………………………………………5
2.3 Infrastructure and Attractions……………...……..……………………………8
2.4 Challenges and Opportunities………………………………………………..10

3. Overview of Romania's Principles of Accounting and Taxation Concerning Tourism

Industry……………....……..………………………………………………………….…...12

3.1 Tourism in Economy….....…………………..

………………………………...12
3.2 Taxation System……………………………………………………………….16

4. Conclusion...……………………………………………………………………………..19

5. Bibliography...……………………………………………………………….
…………...21

1. Introduction

Romania, a nation rich in culture and history, is becoming more and more of a major
participant in international travel. Romania, a country tucked away in Southeast

2
 2023/2024

Europe, has a varied terrain that includes the Carpathian Mountains, Transylvanian
castles, and the stunning Black Sea shoreline.

The way Romania's tourism has developed goes beyond travel and recreation; it has
a significant impact on the country's financial and economic environment. The
strategic growth of Romania's tourist industry is emerging as a major driver of the
nation's overall progress as it escapes from the shadows of its Communist past.
This evolution is significant for reasons other than economic ones. It promotes
Romania's distinct character on the international scene and acts as a tool for cultural
diplomacy, encouraging understanding across cultural divides. When travelers
discover Romania's colorful customs and historic landscapes, the nation not only
becomes a popular travel destination but also a cultural ambassador with a wealth of
history to impart.

Most importantly, there is a close relationship between Romania's financial,

accounting, and taxes systems and the development of tourism. An effective
financial system is required due to the increase in tourism-related activities, which
calls for open accounting procedures and effective taxation systems. Adaptive
financial structures that guarantee sustainable economic practices and promote
growth are inevitably required as the tourism sector expands. This course will
approach the financial foundations of Romania's tourist industry, examining the
taxation regimes, accounting standards, and financial transparency procedures that
support the country's management of this vital sector. My goal in doing this analysis
is to identify the strategic relationship between financial governance and the
sustainable growth of Romania's tourism industry, in addition to its economic
ramifications.

2. Overview of Romania Tourism

Industry

3
 2023/2024

2.1 Historical Context

Romania's tourist sector has a rich historical background that has influenced its
appeal today. Romania's tourism history dates back to the early 1900s, when
adventurous tourists were drawn to the picturesque scenery and important historical
sites of the nation.
The political and economic ideologies of the mid-20th century, known as the
Communist era (1947–1989), had a distinctive influence on the dynamics of tourism.
It kept a mostly closed-door policy under Communist leadership, restricting exposure
to and travel to other countries. The Iron Curtain, which both physically and
ideologically disconnected the Eastern Bloc from the West, substantially restricted
the flow of tourists in and out of the nation. In spite of this, the state controlled and
managed a supervised type of tourism.

Domestically, the Communist government focused a strong emphasis on tourism as

a means of promoting national unity. The regime encouraged Romanians to travel
across their own country and encouraged them to visit places that praised the
Communist Party's accomplishments. The government owned and operated hotels,
resorts, and travel companies, strictly controlling traveler movement to fit the
Communist narrative. State control also extended to the infrastructure supporting
tourism. overseas visitors were subjected to guided tours that presented a
meticulously selected image of Romania, highlighting economic accomplishments
and cultural elements consistent with the Communist doctrine, while overseas travel
was limited. During this time, attempts were made to control the narrative and shield
travelers from opposing viewpoints, framing tourism as a vehicle for cultural
exchange and enlightenment.

The actions of the authority had distinct impacts on Romania's historical sites. Some
landmarks were modified or repurposed to conform to Communist ideology, while
others were preserved. The country's historical fabric has been impacted by changes
brought about by the emphasis on industrialization and urbanization.

Gaining knowledge about tourism in Romania during the Communist era helps one
understand how political beliefs influenced the storyline and administration of the
sector. Understanding the progress of the industry into the post-Communist era and
the opportunities and difficulties that followed requires an understanding of this
historical backdrop.

4
 2023/2024

The tourism scene changed dramatically in Romania in the early 1990s as the
country moved from an Iron Curtain to a democratic nation. The nation's natural and
cultural riches, which had previously been restricted by ideological boundaries, are
now open to the entire world.

In the initial years following communism, Romania faced the difficult task of both
conserving its historical heritage and adjusting to the needs of a quickly changing
international tourism industry. The opening of borders allowed a flood of foreign
tourists eager to discover what Romania had to offer. Historical sites, like the painted
monasteries of Bucovina and the medieval castles of Transylvania, have become
major draws for tourists from all over the world who are looking for real cultural
experiences.
Freed from travel restrictions, Romanians started to rediscover their own nation,
which led to a revived interest in the region's natural beauty and cultural legacy. The
identity of Romania's tourist industry was shaped in large part by this home revival,
which struck a balance between attraction to foreign visitors and a sense of national
pride.

2.2 Current State

In the present day, Romania's tourism scene has experienced a noteworthy
transformation. The nation's dedication to becoming a top European travel
destination is exemplified by the stunning Carpathian Mountain scenery and the
renovation of historical landmarks, like as Sibiu's medieval center and Bucharest's
Old Town. The whole tourism experience has been improved with the addition of
contemporary facilities and upgraded infrastructure.

Romania's events, including Cluj-Napoca's Untold Festival, are well-known abroad

and attract visitors from all over the world. This represents a break from the
constrained artistic expressions of the Communist era and the embrace of a dynamic
and varied arts landscape that appeals to viewers in the modern era. There has
been a noticeable mindset shift as Romanians actively participate in promoting the
rich cultural heritage of their nation.

Still, difficulties are present. The state of the infrastructure has improved unevenly,
with certain areas not having the facilities needed to handle the growing number of
visitors. Concerns about diversity and sustainable tourist practices are brought up by
a dependency on a few prominent locations, such as Dracula-related landmarks.
Furthermore, perception problems resulting from antiquated preconceptions and
worries about security persist, hindering Romania's rise to prominence in the
international tourism sector.
Romania continues to grow as a player in the international tourist scene despite

5
 2023/2024

obstacles. The nation's abundant natural resources, rich cultural legacy, and
distinctive experiences have enormous promise. Projects that support sustainable
tourism, such as the Romania Authentic platform, demonstrate a dedication to
ethical travel practices. Driven by a strong will and an increasing recognition of its
potential, Romania's tourism sector is well-positioned to develop further, aiming to
achieve a careful equilibrium between conserving its history and adjusting to the
constantly shifting needs of international tourists.

Over the past ten years, Romania's tourism industry has had a phenomenal
increase, catapulting the nation into the international spotlight as a preferred travel
destination for an ever-widening array of tourists. A number of causes have
contributed to Romania's significant growth in the tourist sector, both locally and
internationally. Within the country, a renewed sense of pride and curiosity about
hidden gems has spurred a boom in domestic travel. Attracted by the revitalization of
historical places and the rise of lively cultural events, Romanians have developed a
keen interest in exploring their own nation. Romania has developed into a fascinating
vacation destination thanks to its pristine scenery, genuine encounters, and the
chance to get away from the typical tourist routes.

Arrivals in tourist accommodations

6
 2023/2024

Only International Arrivals in tourist accommodations

7
 2023/2024

2.3 Infrastructure and Attractions

Over time, Romania's tourism infrastructure has undergone substantial

enhancements that have improved the overall experience of visitors. Important
elements consist of:

1. Transportation

Airports: Major cities with international airports include Timișoara, Cluj-Napoca, and
Bucharest, providing easy access for visitors from other countries.

Road Network: Romania has made investments to improve its road network, which
facilitates traveler navigation around the nation. A beautiful mountain route, the
Transfăgărăşan Highway, is evidence of this dedication.

2. Accommodation:

Hotels & Resorts: There is a wide variety of lodging options available throughout the
nation, ranging from opulent hotels to quaint guesthouses, to suit a range of tastes
and price points. The demand for hotels in Romania has increased recently, both in
terms of traveler demand and consumer spending. The latter has benefited from the
quick development of aviation, particularly from low-cost carriers that have doubled
Romania's air traffic in the last ten years. The coronavirus (COVID-19) outbreak in
2020 caused the Romanian hotel business to record some of its lowest sales ever.
Nevertheless, in 2022, the market recovered, with revenues reaching over 861
million US dollars.

Rural Areas: In an effort to boost tourism in less-traveled areas, efforts have been
made to support the construction of guesthouses and eco-friendly
lodgings .Accommodations for agrotourism are the most prevalent kind. While not
entirely new, this kind of tourism has gained popularity in Romania in recent years.
Its goal is to bring people to farms or ranches for various purposes, including
hospitality, direct-to-consumer sales, agricultural education, and entertainment and
recreation.

3. Travel Assistance:

8
 2023/2024

Tour providers: Romania is home to a wide variety of travel companies that offer
experiences tailored to suit different interests. Companies like "Experience
Bucharest" and "Active Travel" specialize in city tours, adventure activities, and
cultural immersions.
Websites such as "TourRadar" and "GetYourGuide" provide a multitude of
excursions tailored specifically to Romania, enabling travelers to experience
everything from the energetic city life to the serene rural surroundings.

Influencers on social media, like Aventurescu and TravelGuideRomania, help to

promote tourism services by highlighting the natural beauty of Romania and offering
insightful travel advice.
Community-based projects, such as "Authentic Romania," link tourists with rural
communities to promote genuine cross-cultural exchanges, while local craftsmen,
such as Ileana Costea, provide interactive experiences that let visitors interact with
Romania's rich cultural legacy. Together, these many services help to create a
dynamic and varied tourist scene in Romania, enabling travelers to customize their
trips to their tastes and areas of interest.

History is a treasure that Romania is certainly never short of. There are old towns
and medieval castles all over the country, especially in Sighişoara and Bucharest,
which seem like they belong in a fairytale. You can learn more about the history of
the fabled Dracula at the Bran Castle in the Brașov region. And let's not forget about
the Peles Castle, one of the most beautiful tourist attractions in Romania and a
masterpiece of new Renaissance architecture that shouldn't be missed.
Every region of this nation is deserving of respect and consideration, from the
UNESCO-designated Danube Delta World Heritage Site to the stunning, unharmed
medieval towns; from Romania's bustling capital, Bucharest, to the Black Sea; from
the untamed Carpathian Mountains to the must-see Turda Salt Mine; from
Transylvania to the painted monasteries in Bucovina or the wooden churches and
historic villages at Maramures.

For many tourists, Bucharest, the capital city, is their first stop after arriving to the
"Little Paris of the East," individuals make sure to visit (besides the lastly called
attractions) :

● National Museum of Romanian History

● The Old Town
● Palace of the Parliament
● Revolution Square
● Romanian Athenaeum
● Mamaia beach coast
● Vaser Valley Forestry Railway
● Sibiu

9
 2023/2024

● Sighisoara Historic Center

● Merry Cemetery
● Transafagaras Road
● Balea Lake

And tens of other natural resorts and parks.

2.4 Challenges and Opportunities

Romania is a strong player in the tourist industry, with a wealth of natural and
cultural heritage as its main assets. This strong base offers a competitive advantage
and a potential groundwork for future growth. The trick, therefore, is to provide these
resources to visitors in a way that maximizes their attractiveness without
compromising their core qualities.

The country confronts serious challenges due to its lack of infrastructure, especially
in the transportation sector. In order to draw tourists, locations must be easily
accessible by air, rail, and seaports, among other modes of international
transportation. This emphasizes even more how important a reliable domestic
transportation infrastructure is.

The scarcity of competent workers is one of the major issues affecting the tourist
sector. Experts in the sector frequently point out the lack of skills and growing
challenges in hiring and retaining employees. Visitors' experiences are directly
shaped by the competence of the tourism workers, which makes them an essential
component of the tourism offering.

Moreover, a number of reasons contribute to the uncompetitive quality of

experiences and services at the destination level, such as poor attraction
development and management, along with insufficient marketing and conservation
initiatives. This emphasizes the necessity of an all-encompassing strategy to raise
the general caliber of tourism offerings.

Romanian tourism is facing issues in maintaining its competitiveness due to the

development of places that lack effective management and strategic market
positioning, although sharing identical resources. In order to become more
competitive globally and less dependent on local markets, one must implement

10
 2023/2024

effective marketing techniques. Uniqueness and variety in tourism offerings are

essential for long-term viability and effective market penetration.

Significant expenditures are needed for Romania's tourism industry to grow, both in
terms of improving basic infrastructure and the product itself. To address these
objectives, financing sources must be diversified. It is difficult to put into practice a
comprehensive idea of sustainable tourism development; it requires striking a careful
balance between the interests of stakeholders, the environment, and satisfying the
needs of tourists. This calls for ongoing communication among many stakeholders
and long-term marketing strategies.

The COVID-19 pandemic has created previously unheard-of difficulties, which has
added another level of difficulty. Deeper crises may result in significant business and
employment losses, which would affect traveler behavior and make it more difficult
for tourism locations to recover. These difficulties do, however, present chances for
creativity, the creation of fresh marketing plans, the investigation of uncharted
territory, and the introduction of cutting-edge locations. The future of Romania's
tourist industry will be significantly shaped by the strategic planning and cooperative
efforts of stakeholders as they traverse these obstacles.

11
 2023/2024

3. Overview of Romania's
Principles of Accounting and
Taxation Concerning Tourism
Industry

3.1 Tourism in Economy

As previously mentioned, tourism has emerged as one of the industries with the
fastest growth rates in recent decades, with significantly expanding international
tourism receipts, additional revenue, tax revenues, and employment creation. Travel
destinations are creating strategic and tactical managerial and advertising plans in
an effort to maintain their competitive position against the dozens of vacation spots
that yearly arise on the global travel map.

Simultaneously, taxes like as value-added tax, airport tax, room or bed tax,
environmental tax, property tax, transit tax, profit tax, and import tariffs generate
income for the government from the tourism industry. Taxes are a crucial tool in the
economy since they generate money for investments in services and infrastructure
that promote the growth of the tourism industry.

An major part of Romania's economy is tourism. Romania's economy benefited

directly from tourism in 2019 to the tune of RON 31.6 billion, or 3.0% of GDP. In
Romania, the industry directly provided 412 649 jobs, or 6.3% of all employment.
Due to the COVID-19 pandemic, employment in the tourism industry fell to 393 427
positions in 2020, or 6.1% of the total workforce.

Number of Number of persons employed

establishments

2019 2017 2018 2019 2020

Total .. .. .. .. ..

Tourism industries 48 747 403 409 412 393 427

12
 2023/2024

532 881 649

Accommodation 7 976 45 360 43 686 40 910 40 849

services for visitors

Hotels and similar 7 976 39 294 36 954 35 511 36 947

establishments

Food and beverage 17 012 141 156 163 146 888

serving industry 695 669 335

Passenger transport 11 354 156 152 146 143 973

002 623 191

Air passenger transport 68 5 896 6 626 6 884 5 208

Railways passenger 43 31 594 35 010 30 649 31 185

transport

Road passenger 11 146 115 108 104 102 069

transport 397 754 650

Water passenger 97 3 115 2 233 4 008 5 511

transport

Passenger transport .. .. .. .. ..
supporting services

Transport equipment 679 402 914 1 078 2 607

rental

Travel agencies and 2 198 15 797 11 993 13 718 12 570

other reservation
services industry

Cultural industry 1 222 20 219 18 961 15 714 13 968

Sports and recreation 5 016 24 057 25 035 31 703 32 572

industry

Retail trade of country- 3 290 .. .. .. ..

specific tourism
characteristic goods

In 2020, there were 5.0 million foreign arrivals at the border, a 61% reduction over
2019. In 2020, there were 1.0 million fewer international nights in registered
accommodations, a decrease of 81.1%. Following a preliminary rebound in 2021,

13
 2023/2024

overseas nights increased to 1.8 million, a rise of 83.7% from 2020. This was still
65.4% less than the level in 2019.

The Ministry of Entrepreneurship and Tourism has responsibility for tourism in

Romania. The main tourism-related fields of activity include:

● Developing and implementing national and sectoral tourism strategies.

● Promoting Romania as a tourist destination domestically and internationally.

● Developing destinations and tourist products.

● Developing tourism-related infrastructure.

● Authorising and controlling tourism services.

● Representing Romania in international tourism organisations

The Programme for Tourist Products Development, the Programme for Tourist
Marketing and Promotion, and the transfers from the central budget to the local
budget for tourist investments (which are a part of the Programme for Tourist
Products Development) are the three primary budget lines pertaining to tourism. As
was the case with the state help program for the businesses impacted by the
COVID-19 outbreak, more money might be devoted to tourism. Between 2020 and
2022, the whole tourist budget grew from RON 11.6 million to RON 117.5 million.

14
 2023/2024

In an effort to assist tourism-related businesses impacted by the COVID-19

pandemic, Romania established a state-funded program for lodging and food
providers, tour operators, tour guides, and event planners. Limited to RON 4 million
(EUR 800 000) at the enterprise level, the state aid was provided in the form of
awards equal to 20% of the turnover difference resulting from the eligible operations
in 2019 compared to 2020. The validity of travel coupons issued prior to or during the
epidemic was also extended by Romania. Employees in the public and private
sectors can take advantage of the travel coupons.

The National Tourism Development Master Plan for Romania 2007–26, which was
created in partnership with the UNWTO, is one of the foundational documents of the
National Tourism Development Strategy, which was produced with the backing of the
World Bank.

There are also two sectoral strategies:

1. National Strategy for Ecotourism Development 2019–29, the main goal of it is to

establish the framework for the growth of ecotourism in naturally protected regions.
Its objectives are to establish competitive ecotourism goods for both domestic and
foreign markets and to build a network of accredited ecotourism places. The Ministry
created a system for assessing ecotourism destinations in Romania based on the
National Strategy for Ecotourism Development, working with other Romanian
institutions and organizations like the Ministry of Environment, Waters, and Forests,
the National Institute for Research and Development in Tourism, and the Ecotourism
Association of Romania. The European Ecotourism Standard (EETLS) and the

15
 2023/2024

Global Criteria for Sustainable Tourism (GSTC) serve as the foundation for the
system. So far, five tourism destinations have received this recognition, and two
others are under evaluation.

2.The Development of Spa Tourism Strategy - 2019. The strategy is predicated on

putting into practice a novel approach that combines public-private partnerships to
facilitate the development of a broad range of products relevant to health tourism. Its
goal is to offer a fresh and cutting-edge eco-friendly spa travel offering.

The Ministry of Entrepreneurship and Tourism, an arm of the government, is crucial

in directing the growth of this industry. Its duties include developing infrastructure,
approving and supervising tourism services, developing national and sector-specific
tourism policies, promoting travel both domestically and abroad, and maintaining
presence in global travel associations. Romania provides financial support for
tourism through budget transfers, investments, and initiatives like the Programme for
Tourist Products Development, Tourist Marketing and Promotion. The government's
dedication to helping the tourism industry through difficult times is further
demonstrated by the recently implemented state-funded program designed to lessen
the pandemic's impact on firms in the sector.

3.2 Taxation System

National authorities have acknowledged the need for tourism taxes and tourism-
related activities due to the sector's growth and its impact on the economy, society,
culture, politics, and environment. Taxes are viewed as a means of generating cash
for the state budget. The state budget receives funding from taxes related to tourism,
including as value-added tax, airport tax, room and bed tax, property tax, transport
tax, profit tax, and import taxes.

16
 2023/2024

The special VAT regime is applicable to travel agencies whose operations are
deemed to be related to travel because they act in their own name, for the buyer's
direct benefit, using third-party supplies of goods and services; they seek to provide
a unique service that the agency offers for the benefit of the traveler. This special
VAT regime differs from the standard charging system and is implemented in
accordance with the guidelines and procedures outlined in Article 311 of the Fiscal
Code and the methodological rules for the application of the Fiscal Code that
correspond to the relevant article.

Travel agencies are subject to a special VAT regime when all of the operations they
conduct in connection with a trip are viewed as a single service that they provide for
the benefit of the traveler, or when the circumstances outlined in Article 311,
Paragraph 2 of the Fiscal Code are met:
- The travel agency acts in its own name;
- The travel agency acts for the direct benefit of the traveler;
- The travel agency uses deliveries of goods and services performed by other
persons.

The special VAT regime does not apply if at least one of these conditions is not met,
i.e. when:
- The travel agency acts as an intermediary and not in its own name;
- The travel agency provides services exclusively with its own means (as follows
from Section 85 (2) Methodological rules of application of the Fiscal Code) and does
not use deliveries of goods and services of services performed by other persons;
- The travel agency opts for the normal VAT regime.

The travel agency only collects VAT on its gross profit from providing the services; it
does not collect VAT on the total sum due by the traveler. The benefit made by the
travel agency, less the value added tax contained in that benefit, forms the tax base
for the particular service the business provides.

The government implemented a series of steps following the 2014 tax reform that
resulted in a tax relaxation for workers and enterprises across many industries,
which had a favorable impact on the travel and tourism sector. Employers'
contributions to the pension fund decreased from 20.8% to 15.8% in October 2014.
Value added tax (VAT) on food and beverage items and hotel services was lowered
from 24% to 9% in June 2015, and then to 5% in September 2018. The general VAT
rate dropped from 24% to 20% in January 2016. VAT hit 19% in January 2017,
following yet another decrease. Furthermore, the dividend tax was lowered from 16%
to 5% in 2016.

17
 2023/2024

After four years, the private sector impacted by these fiscal measures had the
following overall consequences, according to an examination of data from the
Romanian Trade Registry:

-Revenues increased by 18.10% (on average);

-Net losses decreased by 24.55%

-Profits increased by 66.08%;

-The average number of employees decreased by -3.65% (labor force policies do not
demonstrate improved effects);

-At the level of micro-enterprises, the highest percentage of increase in declared

profits was found (92%);

-Medium sized enterprises are the only ones that declared an increase in the number
of employees (2.92%).

Additionally, the government provides holiday vouchers to civil officials and grants
and incentives for private sector investments through various initiatives including
"Start-Up Nation" and "The First Leisure Center" ("The First Leisure Center"). These
actions demonstrate the government's ongoing support for the industry.

18
 2023/2024

4. Conclusion

Romania's tourism industry nowadays, emerging from the shadows of a Communist

past behind, is a dynamic fusion of modern attractions, cultural diversity, and scenic
beauty. The nation's varied offers, which include historical sites like Bucharest's Old
Town and Sibiu's medieval center, demonstrate its commitment to being a premier
European vacation destination. Romania's tourism industry now generates income
and jobs and plays a major role in the nation's economy.

Nonetheless, there are still issues that need to be resolved, such as unequal
infrastructure development, worries about the diversity of tourism activities, and
persistent perception problems. Along with the need of efficient attraction
management and creative marketing, the necessity of a dependable domestic transit
infrastructure and competent labor is underlined.

Accounting and taxation standards are essential to the long-term development of

Romania's tourism sector. To effectively handle the growing number of tourism-
related activities, a strong financial framework is needed, which calls for open
accounting practices and efficient taxation schemes. The government has
demonstrated its commitment to assisting the tourist industry through initiatives
including tax relaxations and a special VAT system for travel firms.

The tourist sector in Romania is expected to encounter a range of obstacles and

prospects in the future. These include the necessity of sustained infrastructure
investment, funding source diversification, and strategic marketing to bolster global
competitiveness. The COVID-19 epidemic has brought with it previously unheard-of
challenges, but it also offers chances for creativity and the creation of fresh
marketing approaches.

In conclusion, strategic planning, teamwork, and a well-rounded approach to

sustainable development are essential for Romania's tourist sector's future. Romania
has the potential to become a more attractive and competitive travel destination by
utilizing its abundant natural resources and rich cultural heritage, overcoming
obstacles, and adjusting to changing worldwide trends.

19
 2023/2024

Bibliography
● Media Archives • România Autentică

● Travel and tourism in Romania - statistics & facts | Statista

● ROMANIAN TOURISM: PAST, PRESENT AND FUTURE IN THE CONTEXT OF

GLOBALIZATION

● Date despre turismul din România (Data about Romania’s Tourism)

● Domestic trips for personal purposes Romania 2021 | Statista

● Romania Tourism Statistical Breviary by NATIONAL INSTITUTE OF STATISTICS -

https://insse.ro/cms/sites/default/files/field/publicatii/turismul_romaniei_2020-
2022_breviar_statistic__0.pdf

● Number of tourist arrivals in Romania 2022 | Statista

● (PDF) Romanian Tourism Destinations -A Diagnostic Analysis

● Romania Tourist Attraction by Dookinternational

-https://www.dookinternational.com/romania-tourist-attraction

● Particularitati Privind Aplicarea TVA IN Domeniul Turismului (Particularities

Concerning the Application of VAT IN the Tourism Field)

● Romania | OECD Tourism Trends and Policies 2022

● Rapoarte – Ministerul Economiei, Antreprenoriatului și Turismului

● THE IMPACT OF TOURISM TAXATION: ANALYSIS FOR ROMANIA

http://revistadeturism.ro/rdt/article/view/384/250

● România Strategia naţională a României pentru dezvoltarea turismului 2019-2030

VOLUMUL 1 (Romania's national strategy for the development of tourism 2019-2030
VOLUME 1)

20