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TAXES

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Automotive

Bucharest Authorities Raise Tax Exemption For Hybrid, Electric Cars To 95%

Bucharest residents who own electric or hybrid cars will pay only 5% of the tax in 2012, compared with the current 50%, as per an amendment to the city's tax bill for next year, adopted Mond...

Radu Bostan · 28.11.2011 · 21:04 · 1 min
Social/Politics

Taxpayers Face To Face With Tax Spenders: We Seem To Live In Parallel Worlds

The revenue growth forecasts included in the 2012 budget are too optimistic because those who worked on building the budget took a purely accounting approach to the job. The lack of transpar...

Loredana Frățilă-Cristescu · 24.11.2011 · 00:00 · 3 min
Companies

Romanian Entrepreneurs: We Pay Very High Taxes For Zero Results. Where Does The Money Go?

Ziarul Financiar this week started a campaign about the management of the 195 billion lei (EUR45 billion) that the government hopes to collect for the general consolidated budget in 2012, as...

Loredana Frățilă-Cristescu · 23.11.2011 · 00:00 · 6 min
Do You Know Where Your Money Goes?
Social/Politics

Do You Know Where Your Money Goes?

ZF starts a campaign Tuesday to monitor how the 195 billion lei (EUR45 billion) that the government expects to collect for the consolidated budget in 2012, as indicated by the budget bill, w...

Loredana Frățilă-Cristescu · 22.11.2011 · 00:00 · 5 min
ZF Seminar: Excessive Red Tape Remains A Burden For Business
Companies

ZF Seminar: Excessive Red Tape Remains A Burden For Business

The burden of the fiscal system on the business sector is not the amount of taxes but the excessive red tape, which continues to annoy businesspeople.

Claudia Medrega · 16.11.2011 · 00:00 · 2 min
Social/Politics

Boc: Government Held No Talks On Introducing New Taxes To Allow For Pension Hike

Romanian Prime Minister Emil Boc said Thursday the Government has not held talks on introducing new taxes to allow for future pension increases.

Ioana Tudor · 20.10.2011 · 16:18 · 1 min
Social/Politics

Romania Has No Plans To Tax Pensions, PM Says

Romanian Prime Minister Emil Boc said Saturday at a party meeting the Government has not included any plans to tax pensions in its draft state budget for next year, denying recent media alle...

Oana Gavrila · 16.10.2011 · 13:24 · 1 min
Florin Citu: Romania Needs Lower Taxes To Support Growth
Banks-Insurance

Florin Citu: Romania Needs Lower Taxes To Support Growth

Romania must reduce taxation in the capital and workforce sectors to support the economic growth, because monetary policy measures alone are insufficient to sustain the development in the me...

Florentina Dragu · 04.10.2011 · 16:51 · 1 min
Isarescu Says Lower Taxes May Block Public Investments
Banks-Insurance

Isarescu Says Lower Taxes May Block Public Investments

Lowering the taxes or the social security contributions seems like a simple enough solution to unburden the business environment, but the measure would be short-lived and would only limit th...

Florentina Dragu · 04.10.2011 · 12:55 · 1 min