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TAX COLLECTION

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Analysis

Romania Tax Agency Collects Over RON112B in Tax Revenue in 1H/2018

Romania's tax agency ANAF collected over RON112 billion in tax revenue ion the first half of the year, 13.5% higher compared to the same period last year, it said in a statement Friday.

Oana Gavrila · 20.07.2018 · 11:50 · 1 min
Macroeconomics

EC Is Less Optimistic Than Romanian Government On Tax Collection Capacity - Filote

European Commission is less optimistic than the Romanian government as regards the tax collection capacity following the fiscal relaxation measures and will watch closely every measure, said...

Gabriela Stan · 26.10.2015 · 12:49 · 1 min
Banks-Insurance

Romania Tax Collection Rises 7.8% on Year in Jan-Sept, RON146.58B

Romania's tax authority collected revenues of RON146.58 billion in January-September, 7.8% higher than in the same period last year and 0.8% higher than planned, due to improved collections...

Oana Gavrila · 05.10.2015 · 15:06 · 1 min
Romania's Retail Sales Go Up, But Tax Revenues Go Down
Macroeconomics

Romania's Retail Sales Go Up, But Tax Revenues Go Down

Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result.

Loredana Frățilă-Cristescu · 03.04.2014 · 07:23 · 3 min
Macroeconomics

Finance Minister Unhappy With Tax Collection Level, Pledges Harsh Measures

Tax collection in the first three months of the year ‘was unsatisfactory,’ said Finance Minister Ioana Petrescu on ZF Live business show Monday, therefore, the minister announced “some very...

Loredana Frățilă-Cristescu · 01.04.2014 · 06:46 · 2 min
AmCham: ANAF Reorganization May Increase Romania’s Tax Collection Rate By 6% Of GDP
Macroeconomics

AmCham: ANAF Reorganization May Increase Romania’s Tax Collection Rate By 6% Of GDP

Restructuring tax authority ANAF may increase Romania’s tax collection rate by 5%-6% of the gross domestic product, from 31-32% of the GDP currently, according to the American Chamber of Com...

Ioana Tudor · 27.02.2013 · 14:18 · 1 min
PwC: Romania Tax Collection Rate Well Below Other EU Countries
Macroeconomics

PwC: Romania Tax Collection Rate Well Below Other EU Countries

Tax collection level in Romania is well below the numbers seen in other European Union and a higher collection rate, of around 90%, would help improve the fiscal environment, consultancy and...

Florentina Dragu · 30.01.2013 · 13:15 · 1 min
Macroeconomics

Government Bets Again On 7% Rise In Budget Revenues

The Government expects budget revenues to grow 7% next year if the flat tax remains at 16% and VAT stays at 24% under the scenario of a 2% positive economic growth and an improvement in tax...

Claudia Medrega · 14.11.2011 · 00:00 · 2 min