EXCISE
23 articole · RSS
Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure
Romanian Minister for Budget Liviu Voinea says 127 major investment projects worth a total of 148 billion lei (EUR33.2 million) will to be included in the state budget for 2014, which will b...
EXCLUSIVE: Romania Raises Excises By Nearly 5% In 2014, Expects Additional RON3.4B Revenue
Romania will raise excise duties for next year by 4.77%, the average annual inflation rate calculated in September, and the Government expects the measure will reign in additional revenue of...
Government Removes Over EUR600M From Economy Through New Taxes On Fuel And On Companies’ Assets
Analysts say the new taxes to be levied as of 2014 will indirectly also affect the population, leaving less money in Romanians’ pockets for consumption.
Romania May Widen Taxable Income; Set New Formula To Compute Excise Duties
Romania’s Government is considering widening taxable income to fill in the revenue-expenses gap in the budget for 2014 and wants to set a new formula to compute excise duties, Minister-deleg...
Romania Will Also Apply Excises On Vehicles, Yacht Engines With Capacity Exceeding 100 HP
Romania’s Government decided Tuesday to also apply excise duties on vehicles and yacht engines with a capacity of over 100 horsepower starting September.
Higher Excise Rates On Alcohol To Increase Alcoholic Drink Prices By Up To 40% - Association
Raising excise duties on alcohol will increase alcoholic drink prices by 25% to 40% and tax evasion will skyrocket to 90% from about 70% currently, according to Romulus Dascalu, president of...
Increase Of Beer Excises To Hike Prices, Reduce Consumption
Increasing excise taxes on beer by 10% will cause prices to go up, and the ultimate result will be a decrease in consumption and lower state budget revenues, beer maker association Berarii R...
Romania To Raise Diesel Fuel Duties To EUR391/Ton Next Year
Romania will increase excise duties on diesel fuels to EUR391 per ton from EUR374/ton on January 1, 2013.
Government Plans To Raise Diesel, Cigarette Duties Next Year
Romanian authorities plan to raise excise duties on diesel fuel and cigarettes again next year, with the higher taxes on tobacco to last at least until 2015, says a government document.