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TAX CODE

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Companies

Chamber Of Deputies Approves Tax Code And Fiscal Procedure Code

The Romanian Chamber of Deputies on Wednesday approved the Tax Code and the Fiscal Procedure Code, with 306 pros, two cons and one abstention.

Gabriela Stan · 24.06.2015 · 18:02 · 1 min
Macroeconomics

IMF, EU Warn Fiscal Deficit Will Slip If Romania Introduces New Tax Code

The introduction of the current form of the Tax Code in Romania starting next year will create a significant fiscal deficit, which could prove difficult to correct, according to the represen...

Bogdan Neagu · 23.06.2015 · 17:24 · 1 min
Government Reserves Right To Amend Tax Code Via Ordinance
Social/Politics

Government Reserves Right To Amend Tax Code Via Ordinance

The government has reserved the right to amend the Tax Code not just by law, six months prior to enforcement, but also though ordinances that take effect within 15 days, after Romania's tax...

Oana Gavrila · 25.03.2015 · 14:43 · 1 min
Social/Politics

Government Approves New Tax Code

Romania's government on Wednesday approved the drat Tax Code and Tax Procedural Code, which will be sent to Parliament to be introduced on the agenda early next week.

Oana Gavrila · 25.03.2015 · 13:31 · 1 min
Government Extends 9% VAT To Milk, Eggs, Livestock And Live Poultry
Retail&Consumer · EXCLUSIVE

Government Extends 9% VAT To Milk, Eggs, Livestock And Live Poultry

Romania's government has extended the list of products to get a VAT cut to 9% to include milk, eggs, livestock and live poultry, besides meat, fish, fruit and vegetables, according to an upd...

Oana Gavrila · 16.03.2015 · 16:20 · 1 min
Government Hikes Taxes On All Types Of Lands In Updated Tax Code Draft
Social/Politics

Government Hikes Taxes On All Types Of Lands In Updated Tax Code Draft

Romania’s Government plans to increase taxes on lands within and outside city limits as of 2016, according to an updated draft of the Tax Code, compared to the draft presented a month ago.

Ecaterina Craciun · 16.03.2015 · 15:32 · 1 min
Government Raises Property Tax In Updated Tax Code Draft
Real Estate · EXCLUSIVE

Government Raises Property Tax In Updated Tax Code Draft

Romania's government raises taxes on residential property even more as of next year, according to an updated draft of the Tax Code, from the draft presented a month ago.

Oana Gavrila · 16.03.2015 · 15:00 · 1 min
Investors Welcome Tax Cuts, Concerned Proposed Legislation May Change Before Enactment
Banks-Insurance

Investors Welcome Tax Cuts, Concerned Proposed Legislation May Change Before Enactment

Fiscal policy measures that stimulate economic activity and lower the tax and the administrative burden are welcome but there is also a risk of considerable changes to the draft Tax Code ahe...

Oana Gavrila · 25.02.2015 · 14:56 · 1 min
Banks-Insurance

Government To Approve New Tax Code March 18-25

The Romanian government will discuss the draft Tax Code again in view of approving it in the interval March 18-25, Finance Minister Darius Valcov said Wednesday during the weekly Cabinet mee...

Oana Gavrila · 25.02.2015 · 13:22 · 1 min