TAX CODE
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Fiscal Council: New Tax Code Measures Highly Stimulate Demand, Trigger Imbalances
Romania would rather need fiscal relaxation measures in terms of supply, by cutting social security tax, instead of measures to stimulate demand by cutting VAT and excise duties, which will...
PM Considers Adopting New Tax Code Through Confidence Vote
Prime Minister Victor Ponta said Friday he is considering adopting the new Tax code through a confidence vote in Parliament should the bill be blocked in the legislative process or risk not...
Excises To Be Expressed In Lei As Of Next Year, Under Tax Code Amendment
The Romanian government on Wednesday adopted an amendment to the Tax Code whereby the level of excises will be expressed in lei as of next year and indexed for inflation annually as of 2016.
Excise Levels To Be Expressed In Lei, Indexed For Inflation As Of 2016 - Draft
The level of excises will be expressed in lei as of next year and indexed for inflation annually as of 2016, according to a draft amending the Romanian Tax Code.
EXCLUSIVE: Romania Lowers Revenue Cap For Micro-Enterprises Exempt From Profit Tax As of 2014
The Romanian government will lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 (RON220,000) to get more firms into the tier of businesses that pay taxes on profit...
IMF: Potential Changes To Romania’s Tax Code Should Come In Bulk Packages
Romania should consider a package of tax measures rather than single-oriented actions if it wants to amend its tax laws, so that the overall impact on the system may be assessed thoroughly,...
Businesspeople In Romania Call For Improved Tax Legislation
Businesspeople and foreign investors in Romania have submitted a series of propositions to the country’s Finance Ministry meant to improve the Tax Code and support the local business environ...
Government Approves Amendments To Tax Code, Minimum Wage Increase
Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation i...
Romania To Rethink Revenue Collection System, Amend Tax Code
Romania’s Fiscal Guard, Fiscal Inspection, the customs authority and the anti-fraud body will be reorganized into a single structure which will carry out company checkups regularly, Finance...