Tax Authority Fined 95 Economic Operators Organizing New Year Parties
Tax authority inspectors checked on December 28 and 29 a total 392 locations where New Year parties were going to be organized and applied 95 fines worth RON490,000 and also seized RON4,610 in cash and goods worth nearly RON2,000.
The tax authority will present the final data in the first week of 2016, after having completed the investigation.
The tax authority said on December 7 that anti-fraud inspectors will check between December 31 and January 5 all restaurants and clubs organizing New Year parties, within an operation called „New Year Party 2016.” (Adevarul)
Government Approves Methodological Norms For Implementation Of New Tax Code
The Romanian government adopted the methodological norms for the enforcement of the new Tax Code. The norms are correlated with the structure of the new Tax Code.
The norms include concrete examples in order to ensure the coherent and simpler implementation of the new Tax Code which takes effect starting January 1, 2016.
Early September, President Klaus Iohannis promulgated the new Tax Code, saying at the time that he is very satisfied with the development of the public debate, including debates between parties, and the final vote in the Parliament. (Evenimentul Zilei)
First Home Program Gets RON1.5B For Guarantees Next Year
Next year’s government-guaranteed mortgage lending First Home program will have a guarantee budget of RON1.5 billion, according to a government decision.
Government spokesperson, Dan Suciu, said the program is a “very successful project”, and will include next year RON1.3 billion new funds and RON200 million coming from loan reimbursements.
Since the launch of the program back in 2009, the national guarantee fund granted around 166,200 guarantees for loans, totaling RON13.9 billion. This year, Romania’s national guarantee fund for SMEs (FNGCIMM) granted 30,070 guarantees under the First Home program, totaling RON2.5 billion.
Finance Minister Anca Dragu said at the beginning of December that the guarantee ceiling for the First Home program will be reduced to RON1.5 billion in 2016. She also said that loans will be granted under updated cost conditions. (Puterea)
Constitutional Court To Discuss Government’s Notification On Special Pensions In January
The government notified the Constitutional Court on December 26 regarding some aspects of the law concerning the special pensions of mayors, deputy mayors, presidents and vice-presidents of county councils.
The Executive’s notification targets the breach of several articles of the Constitution by granting privileges to certain dignitaries. The Executive said there are at least 16,300 potential beneficiaries of the law, under the adopted form. It also says the impact on the state budget amounts to RON469 million in 2016.
On December 23, President Klaus Iohannis signed off on a bill that reinstates special pensions for lawmakers. The president sent the bill back to parliament in July, calling for its reexamination, but MPs re-adopted it on December 15. Under the Constitution, Iohannis was forced to sign off on the bill. (Puterea)
Judge Mircea Aron To Run For President Of High Council Of Magistrates
Judge Mircea Aron will run for president of Romania’s High Council Of Magistrates and Luminita Palade will run for the position of vice-president.
The meeting to elect the new leaders of the Council will take place on January 6, 2016 when the Council’s activity report for 2015 will also be presented. President Klaus Iohannis is expected to attend the meeting.
Under the Constitution, The Romanian President presides over the Council’s works. The Council has 19 members: nine judges and five prosecutors elected by magistrates within the general assemblies of courthouses and prosecution offices and validated by the Senate, two representatives of the civil society elected by the Senate and three rightful members — the Justice minister, the president of the Supreme Court and Romania’s prosecutor general. (Adevarul)