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TAXES

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Over Two Thirds Of Romanians Would Pay Taxes Using Bank Cards If No Fee Is Charged - Poll
Banks-Insurance

Over Two Thirds Of Romanians Would Pay Taxes Using Bank Cards If No Fee Is Charged - Poll

More than two thirds of Romanians welcome the system allowing them to pay taxes using bank cards, either through POS units or online, but the introduction of a transaction fee would make the...

Ioana Tudor · 12.03.2012 · 12:45 · 2 min
Isarescu: Romania Must Cover Social Security Budget Deficit By Creating New Jobs
Banks-Insurance

Isarescu: Romania Must Cover Social Security Budget Deficit By Creating New Jobs

Romania must cover its social security budget deficit by creating new jobs, because raising taxes will only encourage tax evasion, central bank governor Mugur Isarescu said Thursday.

Ioana Tudor · 01.03.2012 · 12:43 · 1 min
Milcev, Ernst&Young: Tax Code Will Not Be Republished Within Next 2-3 Years
Social/Politics

Milcev, Ernst&Young: Tax Code Will Not Be Republished Within Next 2-3 Years

The republishing of the Tax Code, long awaited and expected for this year, will not take place within the next 2-3 years, believes Alex Milcev, Fiscal Assistance Partner at audit and consult...

Daniela Stoican · 27.01.2012 · 00:00 · 1 min
Social/Politics

Taxpayers In Romania Queue Up To Pay Their Taxes

Crowding and discontent, this was the atmosphere on Tuesday morning in front of the Fiscal Administration of Bucharest's 2nd district, where around 100 people were queuing up to submit the n...

Radu Bostan · 25.01.2012 · 00:00 · 4 min
Banks-Insurance

Visa: Value Of Card-Paid Taxes In Romania Doubled In Jan-Nov 2011

The value of taxes paid with bank cards amounted to 69.4 million lei (EUR15.9 million) in the first eleven months of 2011, almost double on the year, according to data released Wednesday by...

Ioana Tudor · 18.01.2012 · 13:58 · 1 min
Banks-Insurance

Industrial Property Taxes 20% Higher Starting January 1, 2012

Industrial property taxes in Romania are 20% higher staring January 1, 2012, as the Government failed to postpone the tax increase in time.

Ioana Tudor · 05.01.2012 · 16:49 · 1 min
Local Taxes Might Be Raised By Up To 50% Or Considering Contributors’ Purchasing Power
Macroeconomics

Local Taxes Might Be Raised By Up To 50% Or Considering Contributors’ Purchasing Power

Romanian local authorities might be allowed to increase annual taxes by up to 50% or eliminate the current 20% increase cap and raise local taxes depending on contributors’ purchasing power.

Ioana Tudor · 27.12.2011 · 17:21 · 1 min
Banks-Insurance

Boc: Government To Cut Workforce Costs At Optimum Time, Keep VAT At 2011 Level

The Romanian Government will analyze the feasibility of reducing workforce costs only after it makes sure the country achieved macroeconomic stability, Prime Minister Emil Boc said Tuesday.

Ioana Tudor · 20.12.2011 · 14:25 · 1 min
Social/Politics

Romania Keeps Farming Taxes Unchanged, Will Step Up Fight Against Evasion

Romania's Finance Ministry will withdraw its proposal to tax small agricultural producers and will work with the Agriculture Ministry to prevent tax evasion in farming, Finance Minister Gheo...

Radu Bostan · 05.12.2011 · 16:44 · 1 min