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Entrepreneurs: Tax On Revenue Lower Than EUR65,000 To Bankrupt Many SMEs
Some 250,000 Romanian firms registered losses last year and the introduction of a 3% tax on revenues of up to EUR65,000 will bankrupt many of them, entrepreneurs warned Thursday.
Romania Won’t Levy Tax On Financial Transactions
Romania will not levy a tax on financial transactions but will neither set against the initiative of the European Union’s countries that wish and support this tax, according to secretary of...
Farmers' Revenues From Animal Breeding, Silviculture, Pisculture Subject To Taxes – Draft
Romanian farmers registering revenues from animal breeding, silviculture and pisciculture activities will pay a 16% tax from the annual net income, according to an emergency ordinance draft...
Romania To Overcharge Local Gas Producers By 60%
The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinan...
Romania Expects Revenue Of EUR127M From New Tax On Gas, Energy Transport
Natural gas and energy transport companies in Romania will pay a “monopoly” tax applicable in the February 2013-December 2014 interval, according to a draft Government emergency ordinance.
Romania To Apply Special Tax On Natural Resources To Increase Budget Revenue
Companies that exploit and extract natural resources other than natural gas in Romania will pay a special tax of 0.5% of their revenue, which will be applicable between February 2013 and Dec...
Romania Changes Once Again Car Registration Tax With Pollution Tax
The Romanian Government will change once again the tax system levied to car owners as of 2013, replacing the first registration tax with an environment tax, calculated according to the pollu...
Deputy FinMin: Romania May Hike Taxes On Multiple Homes, Apply Taxes On Swimming Pools
The Romanian Finance Ministry plans to increase taxes paid by owners of two or more buildings and limit exceptions regarding taxes on property, income and profit, secretary of state Liviu Vo...
Generic Drug Producers Deem New Clawback Tax Still Unfair
The Association of Romanian Producers of Generic Drugs (APMGR) rejects the new clawback tax approved by the Government Thursday, arguing that authorities continue to ignore the propositions...