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Romania Might Introduce Tax On Fast Food, Beer - Health Minister
Health

Romania Might Introduce Tax On Fast Food, Beer - Health Minister

Romania’s new healthcare law might introduce a tax on fast food and beer, Health Minister Vasile Cepoi said Thursday, adding that unhealthy foods increase the morbidity rate and must be addi...

Ioana Tudor · 17.05.2012 · 12:21 · 1 min
Ponta: Government Wants To Cut Social Security Contributions For Employers In 2013
Banks-Insurance

Ponta: Government Wants To Cut Social Security Contributions For Employers In 2013

Romania’s Government plans to reduce social security contributions by 5 percentage points for employers next year and keep the flat tax unchanged at 16% for companies, Prime Minister Victor...

Ioana Tudor · 13.05.2012 · 15:13 · 1 min
Romania Has The Advantage Of The Flat Rate, But Loses Attractiveness Because Of Social Contributions – Survey
Analysis

Romania Has The Advantage Of The Flat Rate, But Loses Attractiveness Because Of Social Contributions – Survey

Romania remains attractive for Western European employers in terms of salary costs thanks to its 16% flat-rate income tax, but loses ground in terms of social security contributions, which a...

Radu Bostan · 07.05.2012 · 17:33 · 2 min
Fiscal Authorities Freeze 3 Million Accounts For Debts Of RON10B In 2011
Social/Politics

Fiscal Authorities Freeze 3 Million Accounts For Debts Of RON10B In 2011

Almost 30,000 Romanians and 240,000 companies had their accounts frozen by fiscal authorities after they failed to pay their taxes.

Radu Bostan · 26.03.2012 · 00:00 · 1 min
Agriculture Minister: Taxing Untilled Farmland To Put Romania’s Still Unplowed Land Into Production
Social/Politics

Agriculture Minister: Taxing Untilled Farmland To Put Romania’s Still Unplowed Land Into Production

Romania’s Agriculture Minister Stelian Fuia supports the bill on taxing untilled land, and believes that Romania might have its entire farmland put into production through the new regulation...

Ioana Tudor · 22.02.2012 · 14:40 · 1 min
Bosch To Pay Compensation If It Breaches Contractual Terms For New Romania Investment
Automotive

Bosch To Pay Compensation If It Breaches Contractual Terms For New Romania Investment

The contract to be soon signed by Romanian authorities with Germany’s Bosch includes conditions regarding the payment of compensation by the German investor if the plant it will build in Juc...

Ioana Tudor · 14.02.2012 · 15:26 · 1 min
Automotive

New Pollution Tax Might Block Selling 2.5 Million Used Cars

More than 2 million Romanians will no longer be able to sell their cars, which are registered before 2007, because of the new pollution tax, which in the case of older cars amounts to at lea...

Bogdan Alecu · 16.01.2012 · 16:41 · 4 min
More Than 2.5 Million Cars To Be Affected By New Pollution Tax
Automotive

More Than 2.5 Million Cars To Be Affected By New Pollution Tax

Voted by the Parliament on December 15, the new pollution tax that made Romanians rush to the car registration offices last month in order to avoid paying it has yet to come into force. The...

Bogdan Alecu · 04.01.2012 · 16:43 · 3 min
Orange, Vodafone Have 30 Days To Pay Romanian GSM License Extension Fee
Technology &Telecoms

Orange, Vodafone Have 30 Days To Pay Romanian GSM License Extension Fee

The Romanian Government decided mobile operators Orange and Vodafone have a month to transfer EUR6.4 million each to the state budget, or authorities’ decision to extend their GSM licenses,...

Ioana Tudor · 29.12.2011 · 14:02 · 1 min