06.10.2025

The Brewers Of Romania Association, representing 90% of the national beer market, raises awareness about the importance of real predictability in fiscal policy, which is a prerequisite for business more

06.27.2023

Approximately four years since the expiry of the deadline for transposing Directive 1371/2017 on combating fraud affecting the financial interests of the European Union and over a year since the more

07.05.2017

Seven in ten Romanians are of the opinion that most money collected from taxes are spent unjustifiably and money saved from fighting tax evasion should be spent on education, heath care and road more

07.21.2015

The new Tax Code could lower the tax evasion of over 75% in the spirits industry, without decreasing the revenues collected to the state budget, according to Spirits Romania association, which more

07.02.2015

Irina Socol, former CEO of Romanian software developer Siveco Romania, was sentenced Thursday to three and a half years in prison for tax evasion. more

10.15.2014

Romania could become more competitive from fiscal point of view and taxes would no longer be increased if state managed to collect at least half of the amounts representing tax evasion, estimated at more

10.08.2014

A lower sales tax on bread constitutes a basis for a lower tax on other products, such as organically farmed products, meat, fruit and vegetables and tax evasion in agriculture is sometimes "a means more

10.02.2014

Prosecutors in Ploiesti on Thursday searched the offices of the Petrotel-Lukoil refinery in the city, on suspicions of tax evasion and money laundering amounting to around EUR200 million, sources more

08.14.2014

The tax evasion that reached about EUR23 billion last year, or 16.2% of the gross domestic product, is robbing Romania of 5,000 kilometers of highways that it could build with this money in one year more

04.01.2014

Tax collection in the first three months of the year ‘was unsatisfactory,’ said Finance Minister Ioana Petrescu on ZF Live business show Monday, therefore, the minister announced “some very more

10.30.2013

The problem of tax evasion is systemic and has been perpetuated over time, affecting budget revenue collection. It has also affected honest companies, which have to compete against many players who more

10.17.2013

The Romanian state’s promises and effort to bring more money to the budget ultimately translates into more pressure, though not on tax evaders, but on all those who pay their obligations to the tax more

09.12.2013

Tax evasion in Romania climbed about 3 basis points since the beginning of the crisis to 14% of the gross domestic product in 2012, from 11.2% of the GDP in 2008, according to a report by the Fiscal more

07.30.2013

Lowering the value added tax on bread from 24% from 9% is an important step in reducing tax evasion in the bread industry and the measure should also be applied to meat, milk, sugar and vegetable oil, more

07.22.2013

Romania ranks second in Eastern Europe in terms of its underground economy, with almost EUR40 billion in absolute terms in 2013, shows a study of AT Kearney on Europe’s underground economy released more

10.25.2012

About nine in ten Romanian small retail stores operate on the black market, while authorities turn a blind eye to them and check only those which operate legally, Sorin Minea, head of the food more

08.01.2012

Romanian prosecutors have started criminal investigations against Sorin Blejnar, former head of tax authority ANAF, and his former adviser Codrut Marta in a tax evasion case. more

07.26.2012

The Bucharest Court on Thursday placed tax authority ANAF deputy general manager Nicusor Dragan, ANAF acquisition manager Dan Stroe and 17 other people under preventive arrest for 29 days in a tax more

05.28.2012

One year after the entry into force of Romania’s new Labor Code, the economy has recovered only 100,000 jobs of more than 650,000 it had lost during the crisis. However, one in three Romanians is more

04.11.2012

After years in which the authorities and politicians have just talked about taxing agriculture, the Finance Ministry readily admits “agriculture is less taxed than the rest of economic sectors,” more

03.26.2012

Almost 30,000 Romanians and 240,000 companies had their accounts frozen by fiscal authorities after they failed to pay their taxes. more

03.15.2012

Almost 7,000 individual farmers together exploit 700,000 hectares of land, i.e. 8% of the arable land in Romania, according to data of the Agriculture Ministry. The business done by these people is more

02.17.2012

Romanian Prime Minister Mihai-Razvan Ungureanu on Friday called on Cabinet ministers and heads of authorities fighting tax evasion to collect and pour into the state budget, in the next two months, more

11.12.2011

Romania's Government will begin a "program to investigate people with large income/ wealth" next year and will check individuals involved in real estate transactions in 2006-2008, in an effort to more

08.07.2011

Romanian Prime Minister Emil Boc on Sunday called on county prefects and work inspection chiefs to intensify the fight against tax evasion and illegal work. more