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Results 1 - 18 from 18 for "social security tax"

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  • Bill On Social Security Tax Transfer Does Not Require Companies To Raise Gross Wages

    10.23.2017

    The bill to modify the Fiscal Code to move the tax obligations from the employer to employee does not include any obligation for companies to raise the gross wages of the employees to keep their net more

  • Grindeanu Government Takes Business Sector By Surprise By Dropping Social Security Tax Cap

    01.09.2017

    The income of the upper management in companies and banks is under attack by the new PSD (Social Democrat Party) government, which dropped the social security tax (CAS) cap of five gross average more

  • 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

  • Business Sector: Come Up With A Budget And Keep The 5% Social Security Tax Cut In 2015

    11.18.2014

    Romania has elected a new president, Klaus Iohannis, but has the same government led by Prime Minister Victor Ponta, and no budget for next year. A budget, which, regardless of how it is devised, will more

  • Savings Enabled By Social Security Tax Cut To Go To Raises And Investments, Entrepreneurs Say

    07.28.2014

    Romanian entrepreneurs would use the money saved on social security tax after a cut thereof for raises, investment in expanding operations and new jobs, and for offsetting potential price hikes and more

  • PM: Social Security Tax Cut To Be Offset By Taxes On New Jobs, VAT For New Investments, Insolvency

    07.22.2014

    The social security tax cut can be compensated by measures such as extra receipts from social contributions for new jobs, additional VAT cashing on new potential investments, the recovery of debts more

  • IMF Says Romania Needs Clear Measures To Offset Social Security Tax Cut

    07.17.2014

    Romania’s planned social security tax cut is poised to help reduce the burden on labor and stimulate employment, but the authorities should present a clear set of measures aimed at offsetting the more

  • Isarescu: We Need More Reforms To Sustain Social Security Tax Cut, Create Jobs

    07.01.2014

    Romanian central bank’s governor Mugur Isarescu said Tuesday that the authorities should consider additional measures besides the recent cut in the social security tax rate to help create more jobs more

  • Romania Needs More Fiscal Measures To Offset Social Security Cut

    06.19.2014

    Romania needs additional fiscal measures besides a recently introduced levy on special constructions to compensate for the lower social security tax rate and be able to continue to reduce its budget more

  • Romania To Cut Social Security Tax By 5 Pct Points As Of October 1

    06.18.2014

    The Romanian government Wednesday approved a five-percentage point cut in the social security tax, in a move aimed at lowering the burden on labor and stimulating investments, the Finance Ministry more

  • EXCLUSIVE: Romania Seeks Ways To Offset Lower Revenues Due To Planned Social Security Tax Cut

    06.16.2014

    The Romanian Government plans to offset the negative impact on revenue collections to the state budget, calculated at 4.8 billion lei (EUR1.09 billion) for 2015, due to the planned cut in the social more

  • PM: Social Security Tax To Be Cut By 5 Pps As Of October 1

    06.12.2014

    Social security contributions will be lowered by five percentage points as of October 1, impacting the budget by RON850 million, without increasing the budget deficit, Prime Minister Victor Ponta more

  • PM: Romania Not To Levy New Taxes To Offset Planned Cut In Social Security Contributions

    06.04.2014

    Romanian Prime Minister Victor Ponta said Wednesday that the government will not impose new taxes to offset the planned lowering of the social security contributions. more

  • Romania To Cut Social Security Tax By 5 Pct Points In July - FinMin

    05.29.2014

    Romania will lower the social security tax rate by five percentage points as of July 1, Finance Minister Ioana Petrescu said Thursday. more

  • Romania Should Wait Until 2015 To Cut Social Security Tax - IMF

    04.01.2014

    The International Monetary Fund on Tuesday said Romania should probably wait at least until next year to lower the level of social security contributions, but expressed its openness to earlier more

  • Romania Might Either Lower Social Security Contributions Or Increase Nontaxable Wage Base In 2014

    10.05.2013

    Romania’s Government wants to apply softer fiscal measures on the labor market next year and is considering either lowering social security contributions or eliminating the 16% income tax on minimum more

  • Ponta: Government Wants To Cut Social Security Contributions For Employers In 2013

    05.13.2012

    Romania’s Government plans to reduce social security contributions by 5 percentage points for employers next year and keep the flat tax unchanged at 16% for companies, Prime Minister Victor Ponta more

  • Romania Can’t Afford Lower Social Security Taxes, President Says

    05.19.2011

    Romanian President Traian Basescu Thursday said the economy can’t afford lower social security contributions until tax collections improve. more

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