Results 176 - 200 from 450 for "tax"
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Government Reserves Right To Amend Tax Code Via Ordinance
03.25.2015
The government has reserved the right to amend the Tax Code not just by law, six months prior to enforcement, but also though ordinances that take effect within 15 days, after Romania's tax law was more
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Government Approves New Tax Code
03.25.2015
Romania's government on Wednesday approved the drat Tax Code and Tax Procedural Code, which will be sent to Parliament to be introduced on the agenda early next week. more
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Government Postpones Social Security Tax Cut Until 2018
03.25.2015
Social security contributions paid by employees and employers will be reduced starting 2018 , according to the latest update to the draft Tax Code, which the government presented Wednesday. more
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Banks, IT And Oil&Gas Companies Benefited Most From Social Contributions Cut - Survey
03.23.2015
Companies where salaries are high and very high (banking, IT, finance, oil & gas) reaped the benefits of a 5% cut in employer social security contributions, while for smaller companies, the effect more
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Finance Ministry Scraps Planned Increase In Property Tax
03.16.2015
Romania’s Finance Ministry on Monday said it decided to no longer introduce in the Tax Code draft the proposition to increase taxes on residential property. more
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Government Extends 9% VAT To Milk, Eggs, Livestock And Live Poultry
03.16.2015
Romania's government has extended the list of products to get a VAT cut to 9% to include milk, eggs, livestock and live poultry, besides meat, fish, fruit and vegetables, according to an updated Tax more
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Government Hikes Taxes On All Types Of Lands In Updated Tax Code Draft
03.16.2015
Romania’s Government plans to increase taxes on lands within and outside city limits as of 2016, according to an updated draft of the Tax Code, compared to the draft presented a month ago. more
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Government Raises Property Tax In Updated Tax Code Draft
03.16.2015
Romania's government raises taxes on residential property even more as of next year, according to an updated draft of the Tax Code, from the draft presented a month ago. more
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Investors Welcome Tax Cuts, Concerned Proposed Legislation May Change Before Enactment
02.25.2015
Fiscal policy measures that stimulate economic activity and lower the tax and the administrative burden are welcome but there is also a risk of considerable changes to the draft Tax Code ahead of more
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Government To Approve New Tax Code March 18-25
02.25.2015
The Romanian government will discuss the draft Tax Code again in view of approving it in the interval March 18-25, Finance Minister Darius Valcov said Wednesday during the weekly Cabinet meeting. more
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Fiscal Council: New Tax Code Measures Highly Stimulate Demand, Trigger Imbalances
02.24.2015
Romania would rather need fiscal relaxation measures in terms of supply, by cutting social security tax, instead of measures to stimulate demand by cutting VAT and excise duties, which will trigger more
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Lax Policies Won't Boost Economic Growth - Central Bank Official
02.24.2015
Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centuries, which more
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PM Considers Adopting New Tax Code Through Confidence Vote
02.20.2015
Prime Minister Victor Ponta said Friday he is considering adopting the new Tax code through a confidence vote in Parliament should the bill be blocked in the legislative process or risk not being more
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Tax Code Draft: Government To Scrap Tax On Special Constructions As Of 2016
02.18.2015
Romania's government plans to scrap tax on special constructions as of 2016, in order to encourage investments in the private sector and to boost Romanian companies’ competitiveness, according to more
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Tax Code Draft: Romania May Scrap 16% Dividend Tax As Of 2016
02.18.2015
Romania’s Government plans to eliminate the 16% income tax on dividend payments to companies’ shareholders as of January 1, 2016, in a move to avoid double taxation which is expected to crack down more
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Tax Code Draft: Government To Allow Local Authorities To Raise Taxes By Up To 50%
02.18.2015
The Romanian government will allow local authorities to raise taxes directly, by up to 50%, every three years, based on inflation rate, according to the new Tax Code Draft. more
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Tax Code Draft: Romanian Government To Hike Property Tax
02.18.2015
Romania's government plans to establish taxes on apartments and houses at 0.08%-0.2% of the taxable value, from the current 0.1%, as of January 2017, according to the new Tax Code Draft. more
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Romania To Cut Flat Tax Rate From 16% To 14% In 2019- Tax Code Draft
02.18.2015
Romania's government plans to cut the flat tax rate to 14% as of January 2019, from the current 16%, according to the new Tax Code Draft. more
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Tax Code Draft: Micro-Enterprises With No Employees To Pay Extra Tax
02.18.2015
Micro-enterprises will have to pay a tax even if they don't have any employees and firms with one or more employees will pay 3% and 1% of their turnover, respectively, while firms with no employees more
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Tax Code Draft: Romania To Lower VAT To 20% Next Year, To 9% On Meat, Fish, Fruit And Vegetables
02.18.2015
Romania's government plans to lower the value added tax from 24% to 20% as of next year and to 9% on food items such as meat, fish, fruits and vegetables, according to the country's new Tax Code more
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PwC: Tax Authority Must Come Up With Voluntary Compliance Program
02.11.2015
Taxpayers in Romania need the tax authority to instate a program for the voluntary statement of income, including past income, that doesn't aim to penalize but to recover back taxes, PwC Romania more
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Government Collected RON4B Less VAT Than Planned In 2014
01.30.2015
Romania’s tax authority ANAF collected only 50.8 billion lei (EUR11.4 billion) in VAT last year even though it had expected RON54.6 billion. VAT revenue therefore dropped in 2014 for the first time more
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Card Payments For Local Taxes Rose 31% In 2014, To RON175M
01.22.2015
Payments of local taxes by card rose 31% in 2014 in Romania, to around RON175 million, as online payments more than doubled, Visa Europe announced Thursday. more
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BCR Does Not Rule Out Other Tax Hikes Except For Income Tax In Romania This Year
01.20.2015
BCR analysts do not rule out other tax hikes in Romania this year, except for the income tax, and remain skeptical about future budget execution and the country’s ability to meet the structural more
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Nuclearelectrica To Pay RON60M Special Construction Tax This Year, Down 32%
01.15.2015
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) will pay a special construction tax of around RON60 million (EUR13.3 million), 32% lower than in 2014, as the tax was lowered from more