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Romania’s Planned Tax On Special Constructions May Cost Wind Power Producers Over EUR30M
Energy

Romania’s Planned Tax On Special Constructions May Cost Wind Power Producers Over EUR30M

Romania’s newly announced tax on special building structures may trigger costs of up to EUR40,000 for each wind turbine and over EUR30 million for the local wind power producers, respectivel...

Ecaterina Craciun · 27.11.2013 · 17:58 · 1 min
Fondul Proprietatea Sees Romania’s Special Building Tax Revenues At Up To RON900M
Social/Politics

Fondul Proprietatea Sees Romania’s Special Building Tax Revenues At Up To RON900M

Romanian investment fund Fondul Proprietatea (FP.RO) estimates the state will collect between 700 million and 900 million lei (157-202 million euro) from a tax on special buildings applicabl...

Ioana Tudor · 22.11.2013 · 14:09 · 1 min
Finance Ministry Plans To Get More Money From Tax On Profit, Income By 2017
Macroeconomics

Finance Ministry Plans To Get More Money From Tax On Profit, Income By 2017

Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts...

Tudor Ioana Raluca · 18.11.2013 · 00:00 · 2 min
Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure
Companies

Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure

Romanian Minister for Budget Liviu Voinea says 127 major investment projects worth a total of 148 billion lei (EUR33.2 million) will to be included in the state budget for 2014, which will b...

Tudor Ioana Raluca · 13.11.2013 · 00:00 · 1 min
Romanians Among Most Dissatisfied With Taxes, Politicians In SEE - Survey
Social/Politics

Romanians Among Most Dissatisfied With Taxes, Politicians In SEE - Survey

Romanians are among the most dissatisfied Southeastern European citizens with their country’s tax system and politicians, according to a survey conducted by market research company Daedalus.

Ioana Tudor · 11.11.2013 · 13:55 · 1 min
Romania To Cash EUR70-EUR77M/Year From Tax On Telecom Operators’ Special Constructions
Technology &Telecoms

Romania To Cash EUR70-EUR77M/Year From Tax On Telecom Operators’ Special Constructions

Romania expects to cash EUR10-EUR12 million a year from taxing special constructions of telecom operators and EUR60-EUR65 million a year from taxing special constructions of companies in the...

Ecaterina Craciun · 08.11.2013 · 17:15 · 1 min
Romania’s Revenue Collections At RON17.09B In October
Banks-Insurance

Romania’s Revenue Collections At RON17.09B In October

Romania’s state revenue collections amounted to 17.09 billion lei (EUR3.85 billion) in October, up 7.38% compared with the similar interval a year ago and 2.66% higher than expected, tax aut...

Ioana Tudor · 04.11.2013 · 16:24 · 1 min
Romania Extends Property Tax To Cover Parking Lots, Swimming Pools
Social/Politics

Romania Extends Property Tax To Cover Parking Lots, Swimming Pools

Romania’s government has extended the property tax pool, as per agreement with the international Monetary Fund, to include previously exempted types of properties such as parking lots and sw...

Oana Gavrila · 30.10.2013 · 16:32 · 1 min
State Puts More Pressure On Tax Evaders Than On Good Payers
Social/Politics

State Puts More Pressure On Tax Evaders Than On Good Payers

The Romanian state’s promises and effort to bring more money to the budget ultimately translates into more pressure, though not on tax evaders, but on all those who pay their obligations to...

Oana Gavrila · 17.10.2013 · 07:57 · 1 min