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Results 1 - 16 from 16 for "tax on profit"

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  • Romania Grants 5%-10% Discount for Early Profit Tax Payments

    03.27.2020

    Companies paying their first-quarter tax on profit early, by April 25, will get a discount of 5% to 10% of their due tax, the finance ministry said in a statement. more

  • Profit Tax Revenue Doubled In Ten Years, Shrank As Percentage Of GDP

    02.10.2020

    The state budget revenue from profit tax has doubled in the past ten years, going from 10 billion lei (over EUR2 billion) to more than RON19 billion estimated for 2020. more

  • Alpha Bank Posts EUR10.7M Pre-Tax Profit In Romania In Jan-Sept 2019

    11.19.2019

    Alpha Bank, ranked among the top ten largest banks by assets on the Romanian market, on Tuesday said it registered a pre-tax profit of EUR10.7 million in Romania, in January-September 2019, lower than more

  • Uber Paid Higher Tax on Profit in Romania than Top 8 Taxi Companies Together

    06.05.2019

    Uber paid a tax on profit of RON213,000 in Romania in 2017, via Uber Systems Romania, while the top eight taxi companies in Bucharest paid a total of RON223,000, said Iancu Guda, head of the Romanian more

  • Central Bank Paid EUR1B in Taxes Over Past Decade

    03.18.2019

    Romania's central bank has paid the equivalent of EUR1 billion in the past ten years to the Romanian state as tax on profit, governor Mugur Isarescu said Monday, adding that “lies spread fast”. more

  • Banks in Romania Paid RON1.2B Tax on Profits in 2018

    02.07.2019

    The tax on profits commercial banks paid and the transfers from the net revenue of Romania’s central bank reached 1.84 billion lei (EUR388 million) in 2018, up about 80.8% over 2017, the 2019 budget more

  • OTP Bank Romania 1H Adjusted Consolidated Profit After Tax Soars 59% To RON19.7M

    08.13.2018

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  • Government: Microenterprises Can Opt For Profit Tax Or Turnover Tax Under Certain Conditions

    03.29.2018

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  • Tax Authority: We Found EUR1B Taken Out Of Romania Via Transfer Pricing

    07.15.2016

    Companies export profits from Romania via overpriced acquisitions, management fees and even via millions of euros in fees for lawyers and consultants. more

  • Government Approves Tax Exemption On Reinvested Profit

    04.23.2014

    Romanian government approved Wednesday the emergency ordinance regarding the tax exemption on reinvested profit for investments in technological equipment carried out between July 1, 2014 and December more

  • Ponta: Romania To Introduce Tax Exemption On Reinvested Profit As Of July 2014

    04.15.2014

    Romania will introduce a tax exemption on reinvested profit starting July, 2014, on the basis of an emergency ordinance drawn up by the Finance Ministry, Prime Minister Victor Ponta said Tuesday. more

  • Finance Ministry Plans To Get More Money From Tax On Profit, Income By 2017

    11.18.2013

    Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts expected more

  • KPMG: Relatively Low Profit Tax Makes Romania Attractive To Investors

    02.04.2013

    Romania has a relatively low tax on profit, of 16%, compared to the United Arab Emirates, which claimed the highest corporate tax rate (55%) last year, but needs to improve its fiscal stability, more

  • Romania Drops Plan To Tax Each Profitable Market Transaction, Applies Yearly Profit Tax

    05.30.2012

    The Romanian Government renounced its plan to tax each profitable capital market transaction, highly criticized by the market players, and decided to introduce a yearly tax on profitable transactions. more

  • VAT For Car Purchases, Fuel Expenses Will Be Tax Deductible Up To 50%

    11.12.2011

    Romanian companies will again be able starting next year, after a three-year ban, to deduct fuel expenses for vehicles with nine or fewer seats, destined exclusively for passenger transport, as well more

  • Employers Want Small Companies To Pay Profit Taxes Annually

    09.09.2011

    Romanian employers called on Prime Minister Emil Boc to allow small companies to pay profit taxes annually, not quarterly, and raise the annual income cap for which value added tax is paid from more

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