TAX CODE
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The Opportunity To Lower Tax Burden By New Tax Code, A Chance Not To Be Missed- Economists
Entrepreneurs, economists, managers and university professors support the implementation of the new Tax Code and the fiscal relaxation measures, considering it a chance that should not be mi...
Foreign Investors Support Tax Code As Approved By Parliament
The Foreign Investors Council, an association of major foreign investors in Romania, supports the new Tax Code as adopted in Parliament but coupled with budget discipline to avoid macroecono...
Finance Minister: There Is No Logical Argument For Sending Tax Code Back To Parliament
Romanian Finance Minister Eugen Teodorovici stated Friday that there is no logical or economic argument in the decision of President Klaus Iohannis to send the Tax Code back to Parliament fo...
President Sends Tax Code Back To Parliament
President Klaus Iohannis has refused to sign the new Tax Code into law and sent it back to Parliament for reexamination, calling for a closer look at its implications on the state budget.
Isarescu: It Would Be Wrong To Opt for Measures With Temporary Consequences
The future mission of economic policies is keeping the macroeconomic balance reestablished after the crisis; thus it would be wrong to ignore the lessons of the crisis and give way to the te...
Romania Mulls Budget Deficit Of 1.2% Of GDP In 2016 If Finding Measures To Offset Tax Code Impact
Finance Minister Eugen Teodorovici said Tuesday that the Romanian government plans to keep the budget deficit at around 1.2% of the GDP in 2016, as agreed with the international financial in...
EC Rejects Romanian Tax Code, IMF Officials Won't Return To Bucharest In July
Officials of the European Commission and the Romanian government have not agreed on the changes Romania brought to its Tax Code and officials of the International Monetary Fund will not retu...
Flat Tax Cut And Social Insurance Tax Cut Removed From New Tax Code
The Tax Code approved by the Parliament stipulates the VAT cut to 19%, the scrapping of special constructions tax and the fuel excise duty and not the lowering of social insurance tax rates...
AOAR: New Tax Code To "Refresh" Business Environment, Still Lacks Fiscal Consolidation For Local Groups
The amending of the Tax Code and the Fiscal Procedure Code will "refresh" the business environment, but it does not include provisions for fiscal consolidation for Romanian companies, accord...