EVASION
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Finance Minister Unhappy With Tax Collection Level, Pledges Harsh Measures
Tax collection in the first three months of the year ‘was unsatisfactory,’ said Finance Minister Ioana Petrescu on ZF Live business show Monday, therefore, the minister announced “some very harsh measures in the near future aimed "to curb tax evasion estimated...
State Puts More Pressure On Tax Evaders Than On Good Payers
The Romanian state’s promises and effort to bring more money to the budget ultimately translates into more pressure, though not on tax evaders, but on all those who pay their obligations to...
Fiscal Authorities Freeze 3 Million Accounts For Debts Of RON10B In 2011
Almost 30,000 Romanians and 240,000 companies had their accounts frozen by fiscal authorities after they failed to pay their taxes.
Boc Calls For More Controls To Prevent Tax Evasion
Romanian Prime Minister Emil Boc has asked the ministers of Finance and of the Interior to take action against tax evasion, focusing on "high evasion," as well as step up controls using team...
Tax Evasion In Romanian Alcohol Industry Costs Budget EUR4.5B In Past 8 Years
Tax evasion in the Romanian alcohol business has generated excise duty losses of EUR3.3 billion, plus EUR1.2 billion from unpaid VAT and other taxes, between 2003 and 2010, according to indu...