The proposition, discussed by the Consultative Council of the minister delegate for Budget, was detailed and stipulates differentiated tax rates, inversely proportional to the turnover and the number of employees, ranging between 1.33% and 7.5% of the turnover.
People close to the talks told MEDIAFAX that the main principal with implementing this taxation system is the EU legislation itself which allows member states to replace the tax on profit only in exceptional cases.
The ministry is also looking into reducing the tax on dividends by 5 percentage points, from 16% to 11%, in a move aimed at encouraging companies to declare their profits.