AMENDMENTS
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Romanian Government Softens Bank Tax, Disconnects It from Money Market Rates
Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft published late Tuesday that amends the controversial tax decree introduced in December 2018.
Romania's Finance Ministry Amends Bank Tax This Week
Romania's finance ministry will finish this week a draft of changes to the emergency decree 114/2018 that introduced a tax on bank assets and raised capital requirements for mandatory privat...
AHK Romania Worried About Amendments To Criminal Code
The Romanian-German Chamber of Commerce and Industry (AHK Romania) said in a statement that it fears the amendments brought to Romania's Criminal Code, which were adopted on Tuesday (January...
Beneficiaries Of First Home Program May Buy A Bigger Home As Of October 1
Government-backed mortgage lending First Home program was amended as of October 1, so that the beneficiaries of a home bought through the program can buy a bigger, more expensive home guaran...
First Home Beneficiaries May Buy Bigger Home Under State-Guaranteed Program
Homeowners who are beneficiaries of the government-guaranteed mortgage lending First Home program will be allowed to buy a bigger or more expensive home under the program, according to a dra...
Romania To Increase VAT Ceiling, Allow VAT Deductions On Car Purchases - Draft
The turnover ceiling above which Romanian companies have to pay value added tax will be hiked to EUR65,000 and the right to sales tax deductions on car purchases will be limited and, in some...
Government Approves New Tax Code To Take Effect On January 1, 2012
The Romanian Government approved the new Tax Code, which raises excise duties on diesel fuel and property taxes for companies that failed to reevaluate their buildings over the past years, p...
FOCUS: Romania’s New Tax Code Takes Effect On January 1
Raising the excise tax on diesel oil and property taxes for companies that failed to reevaluate their buildings over the past years are some of the provisions stated in Romania’s new Tax Cod...