GOVERNMENT
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Romania To Keep High Taxes On Multiple Homes In 2012
Romanian Prime Minister Emil Boc said Wednesday that the Government has decided to keep the higher taxes paid by owners of two or more buildings, or cars with engines larger than 2,000 cc, i...
Tourism Ministry To Take Over Constanta Casino, For Renovation
Romania's Government on Wednesday adopted a decision whereby the Constanta Casino will be taken over by the Ministry of Regional Development and Tourism, and rehabilitated.
Companies May Pay Debts To State By Yearend And Be Cleared Of Penalties
Romania's Government on Wednesday approved new fiscal regulations, whereby companies that pay their debts to the state by December 31 will not be liable for any overdue penalties, or will ha...
Government Approves New Heating Aid Income Caps
Romania's Government on Wednesday approved the new income ceilings, according to which heating subsidies will be provided from the state budget during the winter.
Romania To Reduce Car Pollution Tax By Up To 25%
Romania's Government has approved the new car pollution tax bill, drafted by the Environment Ministry, which says the tax is to be reduced by as much as 25%, but also charged on the sale of...
Government To Approve Fiscal Code, Heating Aid Act, Sale Of Electrica Stake On Wednesday
Romania's new Fiscal Code, Fiscal procedure Code, heating aid ordinance and the act on the sale of a stake in state-owned energy distributor Electrica SA will be approved by the Government i...
Light Fiscal Violations May Be Pardoned After One Year
Romanian companies that commit illegal acts which are not considered crimes and are punished only by a fine may request to have the act struck from their tax offense record after one year in...
Boc: Laws On Copyright Will Not Be Changed
Romanian Prime Minister Emil Boc said Monday, on B1 TV, that he has asked the Finance Ministry not to amend the laws on copyright, arguing that current rules are satisfactory.
Boc Appoints New Head Of Environment Protection Agency
Romanian Prime Minister Emil Boc on Monday appointed Gabriel Abos head of the National Environment Protection Agency (ANPM), replacing Iosif Nagy, who resigned after Romania was barred from...