TAXATION
30 articole · RSS
Association: Tax Hikes, Unpredictable Taxation Hinder Local Investments, Affect Local Value Chains, Favor Imports
The Brewers Of Romania Association, representing 90% of the national beer market, raises awareness about the importance of real predictability in fiscal policy, which is a prerequisite for business planning, investment, and long-term development.
FIC: Disproportionate Taxation Of Large Taxpayers Threatens The Ability Of The Economy To Recover
The Foreign Investors Council (FIC) warns of the recent proposals for tax changes, which not only substantially change the tax legislation and introduce a series of new taxes or increases, b...
Romanian Senate Passes Bill Simplifying Taxation Of Individual Investors On Capital Market
The Romanian Senate adopted on Wednesday (February 2) a legislative proposal aimed at simplifying the taxation of capital market investors, but the Chamber of Deputies is decider on the matt...
Worst Hit Companies If Income Tax Exemption for Programmers Is Dropped
Oracle, IBM, Ericsson, Endava, Luxoft and Nokia, which have thousands of employees in the biggest cities in Romania will have to increase their salary budgets by 10% if the tax exemption for...
Romanian Government Adopts Decree Reducing VAT for Organic, Traditional Foods
The Romanian government adopted on Tuesday an emergency decree which reduces the value-added tax rate from 9% to 5% for organic, traditional, and mountain-area food products.
Banca Transilvania: New Tax Is Nationalization Of Profits
Banca Transilvania, the largest bank in Romania, following its merger with Bancpost, issued its first and also highly critical statement in response to the government’s decision to levy addi...
Romania's Fiscal Instability, Main Challenge for Businesses in 2019
Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania, according to the KeysFin Business Focus 2019 barometer relea...
Govt Preparing Legislation on Fiscal Consolidation Intra-Group Profits
The fiscal consolidation of profits and losses of companies part of the same group, differentiated VAT for vouchers and elimination of the split VAT system are but some of the most important...
Companies Enter 2019 Without Law on Transfer of Social Security Contributions from Employer to Employees
The first year of implementation of the ordinance transferring social security contributions from employer to employee (No. 79/2017) illustrates un abnormal situation on the labor market, as...