TAXES
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PM And FinMin: We Are Not Increasing Taxes. We Could Have Economic Growth
The exchange rate could return below RON4.5 to the euro after the “calming and the clarifications on the political scene,” and the economy could return to growth in the second quarter. As fa...
Romania Cuts Industrial Property Taxes, Keeps Them Unchanged Until 2014
Industrial property taxes will be cut to the level applied in 2006 and will be kept unchanged for two more years, until 2014, according to an emergency ordinance approved by the Romanian Gov...
Tax Uncertainty In Romania Is Among Highest In EMEA – Survey
Tax uncertainty in Romania, especially as a result of frequent changes in legislation and a poor relationship with tax authorities, is among the highest in Europe, the Middle East and Africa...
Oil Companies To Pay Additional Taxes As Of 2013, Romanian Economy Minister Says
Romanian Economy Minister Daniel Chitoiu on Wednesday said the government is drafting up a bill introducing additional taxes on one-time revenue gains of oil companies to be enforced startin...
Quicker Payments To Budget Saved First-quarter Deficit Figures
The spectacular rise of collection from the corporate tax and the higher amount attracted to the budget in March from individual income taxes contributed to the rise of budget revenues by 16...
Ungureanu: Romania Keeps Taxation System Unchanged In 2012
Romanian Prime Minister Mihai Razvan Ungureanu said Thursday on public radio the Government will bring no changes to the current taxation system until the end of 2012.
Authorities Want To Reduce The Number Of Taxes To Below 100 – PM Adviser
Romanian authorities are looking into reducing the number of taxes from 230 to below 100, as recommended by the World Bank, Andreea Paul, adviser to the prime minister, said Friday.
Romania To Increase Local Taxes By 16% Next Year – Draft
Local taxes in Romania will be raised next year by 16.05%, the cumulated rate of inflation for 2010-2012, says a draft decision by the Finance Ministry.
Farm Machinery Should Not Be Taxed As Transport Vehicles
Romania's Agriculture Ministry opposes taxing farm machinery the same as transport vehicles and is discussing the issue with the Finance Ministry, Agriculture Minister Stelian Fuia said Frid...