Blejnar said the department will start checking around 300-400 people with incomes of over EUR3 million and total wealth of EUR20 million in 2011, adding ANAF’s regional offices will also run checkups on private individuals and the way they pay their taxes.
According to Blejnar, after May 25, the deadline for the submission of income statements, the department will start processing data and subsequently draw up a list of around 300-400 taxpayers based on two large criteria: income exceeding EUR3 million and large wealth worth over EUR20 million in 2011. He said private individuals not included in the category of large wealth will also be checked by ANAF’s regional offices countrywide.
The Government decided in December 2010 that individuals whose real income exceeds their declared income by at least 50,000 lei (EUR11,429) will pay 16% of the difference as tax. In February this year, Prime Minister Mihai-Razvan Ungureanu called on Cabinet ministers and heads of authorities fighting tax evasion to collect and pour into the state budget, within a two-month period, revenues of at least 1.5% of the gross domestic product, the equivalent of EUR2 billion.
Budget revenues are estimated to reach RON195.3 billion in 2012 (EUR44.5 billion), accounting for 33.7% of the GDP, up 0.4 percentage points from 2011, mainly resulting from social security contributions, sales tax and excise taxes. Romania’s economic growth is envisaged at RON579.6 billion in 2012, which entails pouring RON8.6 billion (nearly EUR2 billion) into the state budget during a two-month period. (EUR1=RON4.3748)