TAXES
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Nokia Paid Less Than The Expected EUR100M In Taxes
Nokia paid EUR24 million in taxes to Romania's budget in 2009, and over EUR25 million in 2010, according to Viorel Gavrea, general manager of Tetarom, the industrial park where the Nokia pla...
Ialomitianu: Individual Taxpayers Can Avoid Penalties By Paying Debts This Year
Individual taxpayers with debts to the state will also be cleared of penalties if they pay their obligations by the end of the year, said Romanian Finance Minister Gheorghe Ialomitianu.
Udrea: Higher Taxes For Hotels Kept Closed, Lower Taxes For Ones Open Longer Than Six Months
Romanian hotels and inns kept closed will pay 5% higher taxes, by decision of the local councils, but owners of accommodation units kept open for more than six months per year will only pay...
Romania To Keep High Taxes On Multiple Homes In 2012
Romanian Prime Minister Emil Boc said Wednesday that the Government has decided to keep the higher taxes paid by owners of two or more buildings, or cars with engines larger than 2,000 cc, i...
Light Fiscal Violations May Be Pardoned After One Year
Romanian companies that commit illegal acts which are not considered crimes and are punished only by a fine may request to have the act struck from their tax offense record after one year in...
Boc: Laws On Copyright Will Not Be Changed
Romanian Prime Minister Emil Boc said Monday, on B1 TV, that he has asked the Finance Ministry not to amend the laws on copyright, arguing that current rules are satisfactory.
Ruling Coalition Agrees On Keeping High Taxes On Multiple Homes Into Next Year
Romania’s ruling coalition on Monday approved a proposition to keep the higher taxes paid by owners of two or more buildings into 2012, after a law approved by the Parliament limited their a...
Boc: Around 370,000 Romanian Firms To Send Income Tax Statement Quarterly
Around 370,000 Romanian companies with a turnover of up to EUR100,000 and no more than two employees will send their income tax statement every quarter, instead of every month, said Prime Mi...
Romanian-Foreign Partnerships Taxed According To Participation - Draft
Partnerships registered abroad and with legal personality, of Romanian and foreign companies, will pay taxes according to the distribution of income and expenses, says a draft ordinance amen...