TAX ON TURNOVER
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Social/Politics
Romania Won't Introduce Tax on Turnover - PM
Romania will not introduce a tax on turnover, Prime Minister Mihai Tudose said Tuesday after a meeting with European Commission officials.
Analysis
Analysts Warn Tax on Turnover Could Render 30% of Companies Insolvent
One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, presiden...