Association: Effective Tax Rate In Romania Upstream Sector Falls To 13.9% In 2017

04.03.2018 By Ecaterina Craciun

The effective tax rate in Romania’s upstream sector (oil production) rose to 17.4% in 2016 and fell to 13.9% in 2017, while the average in EU countries decreased to 8.8%, according to a study released Tuesday by the Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA).

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Keywords:
UPSTREAM SECTOR
, EFFECTIVE TAX RATE
, ROPEPCA

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