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Negritoiu: Applying Additional Tax On Wages Exceeding EUR1,000 Is Counterproductive
The Romanian Government’s plan to tax public sector wages by an extra 16% for amounts that exceed 4,500 lei (EUR1,000) per month is counterproductive, Misu Negritoiu, general manager of ING...
Romania Drops Plan To Tax Each Profitable Market Transaction, Applies Yearly Profit Tax
The Romanian Government renounced its plan to tax each profitable capital market transaction, highly criticized by the market players, and decided to introduce a yearly tax on profitable tra...
Romania Might Tax Public Sector Wages Above EUR1000 By Extra 16%
Romania's Government is considering taxing public sector wages by an extra 16% for amounts in excess of 4,500 lei (EUR1000) per month, Prime Minister Victor Ponta said Tuesday.
Romania Might Exempt “First Home” Owners From Paying Property Taxes For Ten Years
Romania’s Senate on Tuesday adopted tacitly a bill exempting owners of homes bought through the “First Home” program from paying property taxes for a period of ten years.
Drug Producers Might Withdraw Products From Discounted, Free Medicine List
Romanian drug producers will withdraw products from the discounted and free medicine list if the Government fails to revise the clawback tax.
Romanian Drug Producers Brace Themselves To Fight Down Clawback Tax
Romanian drug producers said Monday they cannot pay the clawback tax, which might bring some EUR400 million to the state budget this year, or 33.6% of producers’ discounted drug sales.
Finance Ministry Considers Yearly Profit Tax For Market Transactions
Romania's Finance Ministry is considering introducing a yearly tax on profitable capital market transactions, dropping the previous plan to tax each profitable transaction in turn, criticize...
Introducing Fast Food Tax To Impact Romanian Food Industry, Consumers - Association
Introducing a tax on fast food will undoubtedly impact the Romanian food industry, consumers, as well as the country’s agriculture and economy, food industry association Romalimenta said in...
Romania Might Keep Industrial Property Taxes Unchanged At 2006 Level Until 2014
The Romanian Economy Ministry wants to keep industrial property taxes unchanged at the level applied in 2006 for two years, until 2014, and put off a 20% tax increase introduced at the begin...