BANK TAX
16 articole · RSS
Central Bank Study Shows Bank Tax Could Wipe Out 1.71 Points of GDP Growth in 2019-2020
Romania's tax on banks' financial assets could wipe out a total of 1.2 to 1.71 points of the country's economic growth in 2019 and 2020, according to an impact study by the central bank, pre...
Macro-Prudential Supervision Committee Says It Found Potential Solutions to Amend Tax Decree
Romania's national committee for macro-prudential supervision announced Monday it has identified solutions and possible scenarios to amend a controversial government decree introducing new t...
Central Bank Says Disconnecting Bank Tax from Money Market Rates Is Crucial
Board members of Romania's central bank said it is essential that the country's new tax on banks' financial assets is disconnected from benchmark rates on the interbank money market rates su...
Finance Ministry Official Says Bank Tax on Assets is Quarterly
Romania's tax on banks' financial assets is to be levied quarterly on the quarterly assets balance, an official at the Ministry of Finance said Thursday.
Isarescu Says Bank Tax Is an Attack on Central Bank Independence
Romanian central bank governor Mugur Isarescu said the tax on bank assets is an attack on the independence of the institution, as it hinders monetary policy.
Romania's Bank Tax Could Lower Interests on Deposits
The so-called “greed tax” on bank assets will not necessarily affect lending so much as it might prompt bank to cut costs by lowering interest rates on deposits, which are already below the...
Central Bank Governor Says ROBOR Rate Unconnected to Bank Tax
Romania's central bank governor Mugur Isarescu said Tuesday after the bank's monetary policy meeting the recent drop in interbank interest rates has nothing to do with the tax on bank assets...