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Government To Pass Decree Taxing 85% Of Severance Pay Of Ex- CSA, CNVM, CSSPP Heads
Romania’s Government is set to adopt an emergency decree Tuesday taxing by 85% the severance pay of former members of institutions reorganized into the country’s Financial Supervisory Author...
Romania May Lower Tax On Microcaps’ Revenues Starting July
Romania might lower a 3% tax on revenues registered by microcap companies to 1.5% starting July, Minister for Small and Medium-sized Enterprises Maria Grapini said Monday.
Bucharest Court Of Appeals Cancels Clawback Tax Payment Claim Against Johnson&Johnson
The Bucharest Court of Appeals cancelled a payment notification issued by the National Health Insurance House (CNAS) whereby pharmaceutical company Johnson&Johnson Romania had to pay clawbac...
ANAF: Romania’s Tax Revenue Up 6.5% On Year To RON27B In 1Q
Romania’s tax authority ANAF collected total taxes of 27 billion lei (EUR6.15 billion) in the first three months of 2013, up 6.5% compared with the similar interval a year ago, thanks to hig...
Oil, Cigarettes And Central Bank Generate 15% Of Romania’s Budget
Romgaz and BNR (Romania’s central bank) are the only Romanian entities among the ten largest taxpayers in this country.
Romania Extends Addtional Tax For Resources Exploited Prior Feb 1
The special tax introduced by the Romanian government for drilling and exploitation activities of natural resources, except for gas, will be applied also to the resources exploited prior to...
Association: Romania’s Special Tax On Natural Resources To Hurt Constructions Market
The representatives of the Romanian Association of Road Transporters in Constructions (ATRC) on Tuesday said the draft decree levying a special tax of 0.5% on the revenues of companies explo...
Energy Monopoly Tax To Be Lower Than Initially Intended
Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the...
Farmers To Pay 16% Tax On Income From Animal Breeding
Romanian farmers who obtain income from animal breeding will pay a 16% tax charged on the annual net income, according to a government decree amending the Tax Code, which will take effect on...