01.29.2013

The environmental stamp duty computational formula complies with the requirements of the European Commission and will help reduce imports of polluting cars, says Brent Valmar, vice-president of the more

01.25.2013

Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the initial more

01.24.2013

Romanian farmers who obtain income from animal breeding will pay a 16% tax charged on the annual net income, according to a government decree amending the Tax Code, which will take effect on February more

01.24.2013

Some 250,000 Romanian firms registered losses last year and the introduction of a 3% tax on revenues of up to EUR65,000 will bankrupt many of them, entrepreneurs warned Thursday. more

01.24.2013

Romania’s Government has approved the granting of tax incentives for research-development activities in Romania, other European Union member states and states in the European Economic Area, the more

01.24.2013

The 11th modification of the car pollution tax and its change into an environmental stamp duty will encourage imports of old, polluting cars, while sales of new cars will continue to decline, players more

01.23.2013

Romania will not levy a tax on financial transactions but will neither set against the initiative of the European Union’s countries that wish and support this tax, according to secretary of state more

01.23.2013

Romania’s Government proposes a new formula to compute the car pollution tax, which increases by about 10% the sum to be paid for Euro 4 and Euro 3 cars, and lowers by 60% to 90% the tax to be paid more

01.22.2013

Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation more

01.21.2013

Romanian privately-owned companies with revenues of up to EUR65,000 will pay a 3% tax on revenue reported as of February 1, 2013, according to an ordinance draft amending the Fiscal Code. more

01.21.2013

Romanian small and medium-sized enterprises owners creating new job opportunities and hiring jobless people will not receive advantageous loans or non-payable funds from the social insurance budget in more

01.21.2013

Romanian farmers registering revenues from animal breeding, silviculture and pisciculture activities will pay a 16% tax from the annual net income, according to an emergency ordinance draft amending more

01.21.2013

The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinance draft. more

01.21.2013

Natural gas and energy transport companies in Romania will pay a “monopoly” tax applicable in the February 2013-December 2014 interval, according to a draft Government emergency ordinance. more

01.21.2013

Companies that exploit and extract natural resources other than natural gas in Romania will pay a special tax of 0.5% of their revenue, which will be applicable between February 2013 and December more

01.17.2013

Romania’s Environment Minister Rovana Plumb proposed in the Government’s Wednesday meeting that the new environmental tax should be applied only to vehicles seating up to eight passengers and more

01.10.2013

Romania’s Fiscal Guard, Fiscal Inspection, the customs authority and the anti-fraud body will be reorganized into a single structure which will carry out company checkups regularly, Finance Minister more

01.09.2013

Romania might introduce a lump-sum tax to target only some services, including bread-and-breakfast units, hotels, restaurants, beauty salons and carwashes, Romanian Minister-delegate for Tourism and more

01.09.2013

The Romanian Government Wednesday approved the ordinance stating local authorities may decide whether or not to increase local taxes in 2013. more

01.09.2013

Romanian transporter association UNTRR proposes several measures to protect the environment and attract revenues to the state budget, such as replacing the car pollution tax with an annual car tax to more

01.04.2013

Romania will keep its car registration tax and will not replace it with an environmental tax, for the time being. more

01.02.2013

Prime Minister Victor Ponta on Tuesday said Romania is unlikely to apply differentiated tax rates on income in 2013, but the principle whereby taxes must be cut for certain social categories will be more

12.21.2012

Romania’s tax authority ANAF will remain under the subordination of the Finance Ministry, while the Financial Guard, the Custom Authority and the Anti-Fraud Unit will be merged, according to more

12.20.2012

Romania’s new Government will restructure tax authority ANAF, the Financial Guard and the customs authority in 2013-2016 and will set up a supervision and audit council made up of European Union 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